Crypto Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
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.
MarketClub’s Trade Triangles for USDTUSD
The long-term trend has been UP since Oct 2nd, 2023 at 1.000855
The intermediate-term trend has been DOWN since Nov 23rd, 2023 at 1.000405
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).