Forex Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
Belize Dollar/US Dollar (FOREX:BZDUSD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 BZDUSD
The long term trend has been DOWN since Jun 16th, 2019 at 0.495080
The intermediate term trend has been UP since Jul 14th, 2019 at 0.496520
The short term trend has been UP since Jul 25th, 2019 at 0.495805
Smart Scan Analysis for BZDUSD
Based on a pre-defined weighted trend formula for chart analysis, BZDUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).