Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

British Pound/Belize Dollar (FOREX:GBPBZD)

Crossroads (-60) - GBPBZD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_GBPBZD
Open High Low GBPBZD Price Change
2.5455823 2.5460892 2.5455823 2.5460892 +0.0005070
Entry Signal

MarketClub’s Trade Triangles for GBPBZD

long term up The long-term trend has been UP since Dec 17th, 2023 at 2.5469685

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 2.5594900

short term down The short-term trend has been DOWN since Mar 17th, 2024 at 2.5693559

Smart Scan Analysis for GBPBZD

Based on our trend formula, GBPBZD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPBZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5455823 2.5460892 2.5455823 2.5460892 +0.0005070
Prev. Close Volume Bid Ask Time
2.5455823 2024-03-29 03:30:07
Get a free daily analysis and signals for British Pound/Belize Dollar (GBPBZD) - Request Your Free Report.