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Forex Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

US Dollar/Tanzanian Shilling (FOREX:USDTZS)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

Open High Low USDTZS Price Change
2299.8 2300.9 2297.8 2300.0 +0.2
Entry Signal

MarketClub’s Trade Triangles for USDTZS

long term down The long term trend has been DOWN since Apr 18th, 2019 at 2296.70

intermediate term up The intermediate term trend has been UP since Jun 17th, 2019 at 2304.15

short term up The short term trend has been UP since Jul 11th, 2019 at 2299.15

Smart Scan Analysis for USDTZS

Based on a pre-defined weighted trend formula for chart analysis, USDTZS scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for USDTZS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2299.8 2300.9 2297.8 2300.0 +0.2
Prev. Close Volume Bid Ask Time
2299.8 2294.7 2305.3 2019-07-18 11:02:45
Want to analyze US Dollar/Tanzanian Shilling USDTZS or another symbol? Try our Free Forex Trend Analysis Report.