Forex Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Belize Dollar/Euro (FOREX:BZDEUR)
Weak Downtrend (-65) - BZDEUR is showing signs of a strengthening downtrend. Monitor BZDEUR as it may be building momentum to the downside.
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 Aug 9th, 2021 at 0.42147023
The intermediate-term trend has been DOWN since Aug 10th, 2022 at 0.48471008
The short-term trend has been DOWN since Jul 18th, 2022 at 0.49085209
Smart Scan Analysis for BZDEUR
Based on our trend formula, BZDEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).