Forex Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
Belize Dollar/US Dollar (FOREX:BZDUSD)
Long-Term Downtrend (-90) - BZDUSD is in a strong downtrend that is likely to continue. While BZDUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for BZDUSD
The long-term trend has been DOWN since Jun 13th, 2021 at 0.49522772
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.49526322
The short-term trend has been DOWN since Oct 19th, 2021 at 0.49636635
Smart Scan Analysis for BZDUSD
Based on our trend formula, BZDUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).