Forex Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
Belize Dollar/US Dollar (FOREX:BZDUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for BZDUSD
The long term trend has been UP since Jun 10th, 2018 at 0.499675
The intermediate term trend has been DOWN since Jul 24th, 2018 at 0.496990
The short term trend has been UP since Aug 13th, 2018 at 0.498380
Smart Scan Analysis for BZDUSD
Based on a pre-defined weighted trend formula for chart analysis, BZDUSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).