Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, October 21, 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
6439.6671 6452.8822 6407.6101 6421.7968 -17.8703
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 up The intermediate term trend has been UP since Oct 15th, 2018 at 6784.8280

short term up The short term trend has been UP since Oct 15th, 2018 at 6278.5872

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
6439.6671 6452.8822 6407.6101 6421.7968 -17.8703
Prev. Close Volume Bid Ask Time
6439.6671 6421.7968 2018-10-19 18:38:00
Want to analyze US Dollar/ USDBTC or another symbol? Try our Free Forex Trend Analysis Report.