Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Belize Dollar/US Dollar (FOREX:BZDUSD)
Bear Market Rally (-75) - BZDUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BZDUSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid BZDUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZDUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BZDUSD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.49331999
The intermediate-term trend has been UP since May 1st, 2024 at 0.49771528
The short-term trend has been DOWN since May 7th, 2024 at 0.49627103
Smart Scan Analysis for BZDUSD
Based on our trend formula, BZDUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.49608732 | 0.49608732 | 0.49608732 | 0.49608732 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.49608732 | 2024-05-08 21:02:49 |