Forex Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
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.
MarketClub’s Trade Triangles for BTNEUR
The long-term trend has been DOWN since Jul 15th, 2020 at 0.01169825
The intermediate-term trend has been DOWN since Oct 21st, 2020 at 0.01156871
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).