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Crypto Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Avalanche (CRYPTO:AVAXUSD)
Long-Term Downtrend (-90) - AVAXUSD is in a strong downtrend that is likely to continue. While AVAXUSD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid AVAXUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for AVAXUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AVAXUSD
The long-term trend has been DOWN since May 1st, 2024 at 34.470
The intermediate-term trend has been DOWN since Apr 13th, 2024 at 46.145
The short-term trend has been DOWN since Apr 25th, 2024 at 39.330
Smart Scan Analysis for AVAXUSD
Based on our trend formula, AVAXUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 32.605 | 33.865 | 33.865 | 32.990 | +0.385 |
| Prev. Close | Volume | Bid | Ask | Time |
| 32.605 | 2024-05-01 17:37:32 |