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Forex Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

US Dollar/ (FOREX:USDBTC)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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.

FOREX_USDBTC
Open High Low USDBTC Price Change
11056.239 11988.538 11039.939 11488.611 +432.372
Entry Signal

MarketClub’s Trade Triangles for USDBTC

long term up The long term trend has been UP since Jan 31st, 2017 at 926.212

intermediate term down The intermediate term trend has been DOWN since Jan 15th, 2018 at 12837.986

short term down The short term trend has been DOWN since Jan 15th, 2018 at 12837.986

Smart Scan Analysis for USDBTC

Based on a pre-defined weighted trend formula for chart analysis, USDBTC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for USDBTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11056.239 11988.538 11039.939 11488.611 +432.372
Prev. Close Volume Bid Ask Time
11056.239 11488.611 2018-01-19 18:15:46
Want to analyze US Dollar/ USDBTC or another symbol? Try our Free Forex Trend Analysis Report.