Forex Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
Euro/Belize Dollar (FOREX:EURBZD)
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 EURBZD
The long term trend has been DOWN since Apr 25th, 2018 at 2.4670
The intermediate term trend has been DOWN since Jan 22nd, 2019 at 2.2861
The short term trend has been UP since Mar 21st, 2019 at 2.2815
Smart Scan Analysis for EURBZD
Based on a pre-defined weighted trend formula for chart analysis, EURBZD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).