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Stock Trend Analysis Report

Prepared for you on Sunday, May 16, 2021.

Tanzanian Royalty Expn Corp (TSE:TNX)

Long-Term Downtrend (-90) - TNX is in a strong downtrend that is likely to continue. While TNX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid TNX?

MarketClub looks at technical strength and momentum to determine if the timing is right for TNX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_TNX
Open High Low TNX Price Change
0.64 0.64 0.62 0.63 +0.02
Entry Signal

MarketClub’s Trade Triangles for TNX

long term down The long-term trend has been DOWN since Apr 14th, 2021 at 0.70

intermediate term down The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 0.81

short term down The short-term trend has been DOWN since Apr 28th, 2021 at 0.68

Smart Scan Analysis for TNX

Based on our trend formula, TNX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for TNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.64 0.64 0.62 0.63 +0.02
Prev. Close Volume Bid Ask Time
0.63 23520 2021-05-14 15:59:59
Year High0.89Year High Date2018-05-08
Year Low0.365Year Low Date2018-01-02
52wk High0.8952wk High Date2018-05-08
52wk Low0.3152wk Low Date2017-12-21
Year End Close4.34Average Volume8,254
Volatility57.96
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