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Crypto Trend Analysis Report
Prepared for you on Friday, October 4, 2024.
Polygon (CRYPTO:MATICUSD)
Long-Term Downtrend (-90) - MATICUSD is in a strong downtrend that is likely to continue. While MATICUSD 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 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 Sep 4th, 2024 at 0.40770
The short-term trend has been DOWN since Sep 29th, 2024 at 0.43210
Smart Scan Analysis for MATICUSD
Based on our trend formula, MATICUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.37600 | 0.38055 | 0.38055 | 0.37970 | +0.00370 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.37600 | 2024-10-04 04:50:13 |