Forex Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
Belize Dollar/US Dollar (FOREX:BZDUSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 DOWN since Jun 16th, 2019 at 0.49508000
The intermediate term trend has been DOWN since Nov 4th, 2019 at 0.49497941
The short term trend has been UP since Nov 14th, 2019 at 0.49627736
Smart Scan Analysis for BZDUSD
Based on a pre-defined weighted trend formula for chart analysis, BZDUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).