Forex Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
US Dollar/Belize Dollar (FOREX:USDBZD)
Weak Downtrend (-65) - USDBZD is showing signs of a strengthening downtrend. Monitor USDBZD as it may be building momentum to the downside.
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 Aug 13th, 2023 at 2.0220755
The intermediate-term trend has been DOWN since Oct 29th, 2023 at 2.0156970
The short-term trend has been DOWN since Oct 29th, 2023 at 2.0156970
Smart Scan Analysis for USDBZD
Based on our trend formula, USDBZD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).