Forex Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
US Dollar/Belize Dollar (FOREX:USDBZD)
Countertrend Up (+85) - USDBZD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Nov 23rd, 2020 at 2.0233519
The intermediate-term trend has been UP since Feb 16th, 2021 at 2.0190516
The short-term trend has been UP since Feb 16th, 2021 at 2.0157915
Smart Scan Analysis for USDBZD
Based on our trend formula, USDBZD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).