Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
Belize Dollar/US Dollar (FOREX:BZDUSD)
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 BZDUSD
The long term trend has been UP since Jan 9th, 2019 at 0.500175
The intermediate term trend has been UP since Jan 3rd, 2019 at 0.497575
The short term trend has been UP since Feb 6th, 2019 at 0.495725
Smart Scan Analysis for BZDUSD
Based on a pre-defined weighted trend formula for chart analysis, BZDUSD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).