Free Daily Analysis
Crypto Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
Polygon (CRYPTO:MATICUSD)
Strong Downtrend (-100) - MATICUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MATICUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MATICUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MATICUSD.
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 MATICUSD
The long-term trend has been DOWN since Apr 14th, 2024 at 0.73935
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.99935
The short-term trend has been DOWN since Apr 10th, 2024 at 0.92320
Smart Scan Analysis for MATICUSD
Based on our trend formula, MATICUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.69495 | 0.73030 | 0.73030 | 0.70130 | +0.00635 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.69495 | 2024-04-16 08:51:44 |