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Crypto Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

Tether (CRYPTO:USDTUSD)

Crossroads (-60) - USDTUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDTUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDTUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CRYPTO_USDTUSD
Open High Low USDTUSD Price Change
1.000195 1.000195 1.000195 1.000195 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDTUSD

long term up The long-term trend has been UP since Oct 2nd, 2023 at 1.000855

intermediate term down The intermediate-term trend has been DOWN since Nov 23rd, 2023 at 1.000405

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 1.000355

Smart Scan Analysis for USDTUSD

Based on our trend formula, USDTUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.000195 1.000195 1.000195 1.000195 0.000000
Prev. Close Volume Bid Ask Time
1.000195 2023-12-01 00:37:39
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