Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
British Pound/Belize Dollar (FOREX:GBPBZD)
Weak Downtrend (-65) - GBPBZD is showing signs of a strengthening downtrend. Monitor GBPBZD as it may be building momentum to the downside.
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 UP since Oct 17th, 2019 at 2.5576000
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 2.6304699
The short-term trend has been DOWN since Feb 20th, 2020 at 2.6283677
Smart Scan Analysis for GBPBZD
Based on our trend formula, GBPBZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).