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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

British Pound/Belize Dollar (FOREX:GBPBZD)

Sidelines Mode (+50) - GBPBZD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPBZD can gain momentum.

Is it time to buy, sell, or avoid GBPBZD?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBZD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPBZD
Open High Low GBPBZD Price Change
2.4456112 2.4456112 2.4456112 2.4456112 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPBZD

long term down The long-term trend has been DOWN since Mar 3rd, 2023 at 2.4258622

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2023 at 2.4434966

short term up The short-term trend has been UP since Mar 15th, 2023 at 2.4198043

Smart Scan Analysis for GBPBZD

Based on our trend formula, GBPBZD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPBZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4456112 2.4456112 2.4456112 2.4456112 0.0000000
Prev. Close Volume Bid Ask Time
2.4456112 2023-03-18 03:55:52
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