Forex Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
US Dollar/Belize Dollar (FOREX:USDBZD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 USDBZD
The long term trend has been UP since Apr 25th, 2018 at 2.01485
The intermediate term trend has been UP since May 15th, 2018 at 2.01545
The short term trend has been UP since May 15th, 2018 at 2.01545
Smart Scan Analysis for USDBZD
Based on a pre-defined weighted trend formula for chart analysis, USDBZD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).