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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Belize Dollar (FOREX:USDBZD)
Sidelines Mode (+55) - USDBZD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid USDBZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBZD.
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 USDBZD
The long-term trend has been UP since Apr 10th, 2024 at 2.0281561
The intermediate-term trend has been DOWN since May 1st, 2024 at 2.0102735
The short-term trend has been UP since May 7th, 2024 at 2.0161080
Smart Scan Analysis for USDBZD
Based on our trend formula, USDBZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.0168482 | 2.0168482 | 2.0168482 | 2.0168482 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.0168482 | 2024-05-08 21:02:48 |