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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.

FOREX_GBPBZD
Open High Low GBPBZD Price Change
2.4958054 2.5168496 2.4958054 2.5168496 +0.0210440
Entry Signal

MarketClub’s Trade Triangles for GBPBZD

long term down The long-term trend has been DOWN since Mar 4th, 2020 at 2.5940296

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2020 at 2.4908333

short term up 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).

+50
Smart Scan Analysis for GBPBZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4958054 2.5168496 2.4958054 2.5168496 +0.0210440
Prev. Close Volume Bid Ask Time
2.4958054 2.4606373 2.5730619 2020-06-01 21:09:45
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