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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

US Dollar/ (FOREX:USDBTC)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
6673.7439 6674.4033 5941.7961 5997.8469 -675.8970
Entry Signal

MarketClub’s Trade Triangles for USDBTC

long term down The long term trend has been DOWN since Feb 5th, 2018 at 6225.7780

intermediate term down The intermediate term trend has been DOWN since May 15th, 2018 at 8349.4370

short term down The short term trend has been DOWN since Jun 22nd, 2018 at 6563.9973

Smart Scan Analysis for USDBTC

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

-100
Smart Scan Analysis for USDBTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6673.7439 6674.4033 5941.7961 5997.8469 -675.8970
Prev. Close Volume Bid Ask Time
6673.7439 5997.8469 2018-06-22 18:05:14
Want to analyze US Dollar/ USDBTC or another symbol? Try our Free Forex Trend Analysis Report.