Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
BITCOIN FUND (TSE:QBTC)
Long-Term Uptrend (+90) - QBTC is in a strong uptrend that is likely to continue. While QBTC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QBTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for QBTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QBTC
The long-term trend has been UP since Oct 5th, 2021 at 67.18
The intermediate-term trend has been UP since Oct 4th, 2021 at 63.61
The short-term trend has been UP since Sep 30th, 2021 at 57.78
Smart Scan Analysis for QBTC
Based on our trend formula, QBTC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).