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Forex Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

Belize Dollar/Euro (FOREX:BZDEUR)

Sidelines Mode (+55) - BZDEUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BZDEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BZDEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BZDEUR
Open High Low BZDEUR Price Change
0.46045827 0.46045827 0.46045827 0.46045827 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BZDEUR

long term up The long-term trend has been UP since Oct 13th, 2023 at 0.46387763

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2023 at 0.47193835

short term up The short-term trend has been UP since Dec 6th, 2023 at 0.45740275

Smart Scan Analysis for BZDEUR

Based on our trend formula, BZDEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BZDEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46045827 0.46045827 0.46045827 0.46045827 0.00000000
Prev. Close Volume Bid Ask Time
0.46045827 2023-12-06 21:30:16
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