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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Belize Dollar/US Dollar (FOREX:BZDUSD)

Sidelines Mode (+50) - BZDUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BZDUSD can gain momentum.

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.

FOREX_BZDUSD
Open High Low BZDUSD Price Change
0.49667245 0.49667245 0.49667245 0.49667245 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BZDUSD

long term down The long-term trend has been DOWN since Aug 13th, 2023 at 0.49479023

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2023 at 0.49638240

short term up The short-term trend has been UP since Oct 29th, 2023 at 0.49638240

Smart Scan Analysis for BZDUSD

Based on our trend formula, BZDUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for BZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49667245 0.49667245 0.49667245 0.49667245 0.00000000
Prev. Close Volume Bid Ask Time
0.49787080 2023-11-24 07:27:37
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