Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Belize Dollar/Euro (FOREX:BZDEUR)
Countertrend Up (+85) - BZDEUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid BZDEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BZDEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BZDEUR
The long-term trend has been UP since Oct 13th, 2023 at 0.46387763
The intermediate-term trend has been UP since Dec 11th, 2023 at 0.46045827
The short-term trend has been UP since Dec 6th, 2023 at 0.45740275
Smart Scan Analysis for BZDEUR
Based on our trend formula, BZDEUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).