Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
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.
MarketClub’s Trade Triangles for GBPBZD
The long-term trend has been DOWN since Mar 4th, 2020 at 2.5940296
The intermediate-term trend has been UP since Jun 1st, 2020 at 2.4908333
The short-term trend has been UP since Jun 1st, 2020 at 2.4729730
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).