Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Countertrend Down (-85) - BTNEUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for BTNEUR
The long-term trend has been DOWN since Nov 21st, 2023 at 0.01097995
The intermediate-term trend has been DOWN since Oct 31st, 2023 at 0.01132385
The short-term trend has been UP since Dec 4th, 2023 at 0.01100043
Smart Scan Analysis for BTNEUR
Based on our trend formula, BTNEUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).