Forex Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Euro/Belize Dollar (FOREX:EURBZD)
Crossroads (-60) - EURBZD 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 EURBZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBZD
The long-term trend has been DOWN since Oct 13th, 2023 at 2.1569
The intermediate-term trend has been UP since Oct 18th, 2023 at 2.1201
The short-term trend has been UP since Nov 8th, 2023 at 2.1418
Smart Scan Analysis for EURBZD
Based on our trend formula, EURBZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).