Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
British Pound/Belize Dollar (FOREX:GBPBZD)
Countertrend Down (-85) - GBPBZD 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 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 Jul 19th, 2021 at 2.7734794
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 2.7799748
The short-term trend has been UP since Oct 10th, 2021 at 2.7400788
Smart Scan Analysis for GBPBZD
Based on our trend formula, GBPBZD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).