Forex Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
Euro/Belize Dollar (FOREX:EURBZD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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.
MarketClub’s Trade Triangles for EURBZD
The long term trend has been UP since Dec 15th, 2019 at 2.2505
The intermediate term trend has been UP since Dec 8th, 2019 at 2.2329
The short term trend has been DOWN since Jan 3rd, 2020 at 2.2545
Smart Scan Analysis for EURBZD
Based on a pre-defined weighted trend formula for chart analysis, EURBZD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).