Crypto Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
SHIBA INU (CRYPTO:SHIBUSD)
Long-Term Downtrend (-90) - SHIBUSD is in a strong downtrend that is likely to continue. While SHIBUSD 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 SHIBUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SHIBUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SHIBUSD
The long-term trend has been DOWN since Sep 10th, 2021 at 0.0000100
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 0.0000425
The short-term trend has been DOWN since Jan 15th, 2022 at 0.0000324
Smart Scan Analysis for SHIBUSD
Based on our trend formula, SHIBUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).