Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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.
MarketClub’s Trade Triangles for BZDUSD
The long-term trend has been DOWN since May 11th, 2020 at 0.49528394
The intermediate-term trend has been UP since May 18th, 2020 at 0.49732568
The short-term trend has been UP since May 18th, 2020 at 0.49732568
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).