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Crypto Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

Tether (CRYPTO:USDTUSD)

Long-Term Downtrend (-90) - USDTUSD is in a strong downtrend that is likely to continue. While USDTUSD 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 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
0.999475 0.999535 0.999535 0.999195 -0.000280
Entry Signal

MarketClub’s Trade Triangles for USDTUSD

long term down The long-term trend has been DOWN since Jan 18th, 2024 at 0.999275

intermediate term down The intermediate-term trend has been DOWN since May 27th, 2024 at 0.999695

short term down The short-term trend has been DOWN since May 27th, 2024 at 0.999835

Smart Scan Analysis for USDTUSD

Based on our trend formula, USDTUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for USDTUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.999475 0.999535 0.999535 0.999195 -0.000280
Prev. Close Volume Bid Ask Time
0.999475 2024-05-27 20:04:51
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