Forex Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
US Dollar/ (FOREX:USDBTC)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for USDBTC
The long term trend has been UP since Jan 31st, 2017 at 926.2120
The intermediate term trend has been UP since Oct 1st, 2017 at 4376.0284
The short term trend has been UP since Nov 16th, 2017 at 7337.2550
Smart Scan Analysis for USDBTC
Based on a pre-defined weighted trend formula for chart analysis, USDBTC scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).