Forex Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
Euro/Belize Dollar (FOREX:EURBZD)
Sidelines Mode (+50) - EURBZD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURBZD can gain momentum.
Is it time to buy, sell, or avoid EURBZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBZD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBZD
The long-term trend has been DOWN since Mar 7th, 2021 at 2.4128
The intermediate-term trend has been UP since Apr 16th, 2021 at 2.3971
The short-term trend has been UP since Apr 6th, 2021 at 2.3658
Smart Scan Analysis for EURBZD
Based on our trend formula, EURBZD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).