Forex Trend Analysis Report
Prepared for you on Tuesday, October 27, 2020.
US Dollar/Belize Dollar (FOREX:USDBZD)
Strong Downtrend (-100) - USDBZD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Oct 26th, 2020 at 2.0078678
The intermediate-term trend has been DOWN since Oct 20th, 2020 at 2.0135345
The short-term trend has been DOWN since Oct 26th, 2020 at 2.0112528
Smart Scan Analysis for USDBZD
Based on our trend formula, USDBZD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).