Forex Trend Analysis Report
Prepared for you on Tuesday, August 4, 2020.
US Dollar/Belize Dollar (FOREX:USDBZD)
Weak Uptrend (+65) - USDBZD is showing signs of weakening momentum to the upside. Monitor USDBZD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDBZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDBZD
The long-term trend has been UP since May 11th, 2020 at 2.0200670
The intermediate-term trend has been UP since Jul 2nd, 2020 at 2.0212705
The short-term trend has been DOWN since Jul 29th, 2020 at 2.0136342
Smart Scan Analysis for USDBZD
Based on our trend formula, USDBZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).