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Forex Trend Analysis Report

Prepared for you on Monday, January 21, 2019.

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
3545.6426 3575.9524 3528.7289 3552.5081 +6.8655
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 Jan 13th, 2019 at 3598.2868

short term down The short term trend has been DOWN since Jan 10th, 2019 at 3976.7294

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
3545.6426 3575.9524 3528.7289 3552.5081 +6.8655
Prev. Close Volume Bid Ask Time
3545.6426 3552.5081 2019-01-21 17:23:25
Want to analyze US Dollar/ USDBTC or another symbol? Try our Free Forex Trend Analysis Report.