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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
/US Dollar (FOREX:BTNUSD)
Crossroads (-60) - BTNUSD 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 BTNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTNUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BTNUSD
The long-term trend has been UP since Mar 6th, 2024 at 0.01211526
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 0.01203281
The short-term trend has been DOWN since May 7th, 2024 at 0.01198616
Smart Scan Analysis for BTNUSD
Based on our trend formula, BTNUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.011968 | 0.011968 | 0.011968 | 0.011968 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.011968 | 2024-05-09 07:26:26 |