Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
Euro/Belize Dollar (FOREX:EURBZD)
Countertrend Up (+85) - EURBZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 23rd, 2020 at 2.3989
The intermediate-term trend has been UP since Feb 16th, 2021 at 2.4505
The short-term trend has been DOWN since Feb 18th, 2021 at 2.4403
Smart Scan Analysis for EURBZD
Based on our trend formula, EURBZD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).