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Forex Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

/Euro (FOREX:BTNEUR)

Long-Term Downtrend (-90) - BTNEUR is in a strong downtrend that is likely to continue. While BTNEUR 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 BTNEUR?

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

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

FOREX_BTNEUR
Open High Low BTNEUR Price Change
0.01147423 0.01147423 0.01147423 0.01147423 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BTNEUR

long term down The long-term trend has been DOWN since Jul 15th, 2020 at 0.01169825

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2020 at 0.01156871

short term down The short-term trend has been DOWN since Oct 21st, 2020 at 0.01159380

Smart Scan Analysis for BTNEUR

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

-90
Smart Scan Analysis for BTNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01147423 0.01147423 0.01147423 0.01147423 0.00000000
Prev. Close Volume Bid Ask Time
0.01148323 2020-10-22 07:30:06
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