Today's EUR to TZS Price Update

GasGuru · 2026-01-02T08:00:11+00:00

This report analyzes the EUR/TZS exchange rate, highlighting its volatility and potential trading opportunities. It emphasizes the importance of technical analysis and the need for traders to monitor market dynamics regularly.

GasGuru

2026-01-02 08:00:11

Abstract generation in progress

Summary

This report provides the real-time exchange rate between the Euro (EUR) and Tanzanian Shilling (TZS), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Euro (EUR) is one of the world’s major fiat currencies, while the Tanzanian Shilling (TZS) represents the currency of East Africa’s largest economy. The exchange rate between them reflects market sentiment regarding currency valuation and cross-border trade dynamics between the Eurozone and Tanzania.

Today’s Price

1 EUR = 2,889.52 TZS (as of 2026-01-02 08:00:03)
24h High: 2,920.07 TZS
24h Low: 2,874.24 TZS

Market Analysis

The EUR/TZS pair has shown notable volatility within the 24-hour trading window, with the exchange rate fluctuating across a 45.83 TZS range. Recent market forecasts suggest the pair is expected to increase by 1.70% in the coming month, indicating potential upward momentum.

Technical focus: Support and resistance levels derived from recent price action should be monitored to identify optimal entry and exit points
Risk note: Currency pairs involving emerging market currencies can experience sudden volatility due to macroeconomic shifts or policy announcements
Trading opportunities: Watch for consolidation patterns and breakout signals above recent resistance levels, as well as potential pullbacks to support zones for contrarian positioning

Conclusion

Continue to monitor the EUR/TZS pair closely, utilizing technical analysis tools such as moving averages and support/resistance levels to inform trading decisions. Traders should remain alert to both short-term price oscillations and longer-term directional trends when structuring their strategies.

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