Forex Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
British Pound/Belize Dollar (FOREX:GBPBZD)
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 GBPBZD
The long term trend has been UP since Oct 17th, 2019 at 2.5576000
The intermediate term trend has been UP since Aug 23rd, 2019 at 2.4512500
The short term trend has been UP since Nov 17th, 2019 at 2.5878868
Smart Scan Analysis for GBPBZD
Based on a pre-defined weighted trend formula for chart analysis, GBPBZD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).