Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Euro/Belize Dollar (FOREX:EURBZD)
Countertrend Down (-85) - EURBZD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Aug 9th, 2021 at 2.3737
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 2.3717
The short-term trend has been UP since Oct 19th, 2021 at 2.3308
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).