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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Belize Dollar (FOREX:GBPBZD)
Countertrend Down (-85) - GBPBZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GBPBZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBZD.
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 GBPBZD
The long-term trend has been DOWN since Apr 2nd, 2024 at 2.5294907
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 2.5594900
The short-term trend has been UP since Apr 29th, 2024 at 2.5154446
Smart Scan Analysis for GBPBZD
Based on our trend formula, GBPBZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.5190525 | 2.5190525 | 2.5190525 | 2.5190525 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.5190525 | 2024-05-08 21:02:49 |