Forex Trend Analysis Report
Prepared for you on Saturday, July 20, 2019.
US Dollar/Belize Dollar (FOREX:USDBZD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 USDBZD
The long term trend has been UP since Jun 16th, 2019 at 2.02085
The intermediate term trend has been DOWN since Jul 14th, 2019 at 2.01500
The short term trend has been DOWN since Jul 9th, 2019 at 2.01730
Smart Scan Analysis for USDBZD
Based on a pre-defined weighted trend formula for chart analysis, USDBZD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).