Forex Trend Analysis Report
Prepared for you on Thursday, May 13, 2021.
Belize Dollar/US Dollar (FOREX:BZDUSD)
Crossroads (-60) - BZDUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Apr 1st, 2021 at 0.49762787
The intermediate-term trend has been DOWN since Apr 6th, 2021 at 0.49639021
The short-term trend has been DOWN since Apr 6th, 2021 at 0.49676428
Smart Scan Analysis for BZDUSD
Based on our trend formula, BZDUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).