Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
Belize Dollar/US Dollar (FOREX:BZDUSD)
Countertrend Down (-85) - BZDUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Nov 23rd, 2020 at 0.49444823
The intermediate-term trend has been DOWN since Nov 23rd, 2020 at 0.49509744
The short-term trend has been UP since Nov 26th, 2020 at 0.49642080
Smart Scan Analysis for BZDUSD
Based on our trend formula, BZDUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).