Forex Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
US Dollar/Belize Dollar (FOREX:USDBZD)
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 USDBZD
The long term trend has been UP since Jun 16th, 2019 at 2.02085
The intermediate term trend has been DOWN since Sep 12th, 2019 at 2.01300
The short term trend has been UP since Sep 15th, 2019 at 2.01610
Smart Scan Analysis for USDBZD
Based on a pre-defined weighted trend formula for chart analysis, USDBZD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).