Forex Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
US Dollar/Belize Dollar (FOREX:USDBZD)
Bull Market Weakness (+75) - USDBZD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDBZD as it may be in the beginning stages of a reversal.
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 Mar 4th, 2022 at 2.0215661
The intermediate-term trend has been UP since May 2nd, 2022 at 2.0151622
The short-term trend has been UP since Apr 6th, 2022 at 2.0152496
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).