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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Belize Dollar/US Dollar (FOREX:BZDUSD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.

FOREX_BZDUSD
Open High Low BZDUSD Price Change
0.500175 0.500175 0.500175 0.500175 0.000000
Entry Signal

MarketClub’s Trade Triangles for BZDUSD

long term down The long term trend has been DOWN since Sep 16th, 2018 at 0.494685

intermediate term up The intermediate term trend has been UP since Sep 30th, 2018 at 0.498200

short term up The short term trend has been UP since Oct 7th, 2018 at 0.499160

Smart Scan Analysis for BZDUSD

Based on a pre-defined weighted trend formula for chart analysis, BZDUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for BZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.500175 0.500175 0.500175 0.500175 0.000000
Prev. Close Volume Bid Ask Time
0.500175 0.489310 0.511040 2018-10-09 21:28:15
Want to analyze Belize Dollar/US Dollar BZDUSD or another symbol? Try our Free Forex Trend Analysis Report.