Crypto Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
Strong Downtrend (-100) - SOLUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SOLUSD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SOLUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOLUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SOLUSD
The long-term trend has been DOWN since Jan 7th, 2022 at 144.854
The intermediate-term trend has been DOWN since Apr 24th, 2022 at 102.870
The short-term trend has been DOWN since Jun 27th, 2022 at 42.300
Smart Scan Analysis for SOLUSD
Based on our trend formula, SOLUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).