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Market Overview
The EUR/TZS pair closed at 2904.99 on January 9, 2026, down 0.36% from the previous close, continuing its downtrend with a 30-day return of -0.41%. The price remains below the 20-day SMA of 2916.51 and the 5-day SMA of 2914.30, indicating sustained bearish momentum. The 50-day and 200-day SMAs are not provided, but the RSI and momentum suggest cautious selling pressure. Key support is near 2890, with resistance around 2930. Upcoming Eurozone and Tanzanian economic data releases may influence price action. Technical indicators confirm the downtrend, with the pair consolidating near current levels. For information only.
Last Updated 1/15/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.