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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.

FOREX_BZDUSD
Open High Low BZDUSD Price Change
0.49670208 0.49670208 0.49670208 0.49670208 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BZDUSD

long term down The long-term trend has been DOWN since Jun 13th, 2021 at 0.49522772

intermediate term down The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.49526322

short term down 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).

-90
Smart Scan Analysis for BZDUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.49670208 0.49670208 0.49670208 0.49670208 0.00000000
Prev. Close Volume Bid Ask Time
0.49672767 2021-10-23 17:27:52
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