Forex Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
US Dollar/ (FOREX:USDBTC)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for USDBTC
The long term trend has been DOWN since Feb 5th, 2018 at 6225.778
The intermediate term trend has been UP since Apr 22nd, 2018 at 8546.002
The short term trend has been DOWN since Apr 25th, 2018 at 8759.175
Smart Scan Analysis for USDBTC
Based on a pre-defined weighted trend formula for chart analysis, USDBTC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).