Forex Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
/US Dollar (FOREX:BTNUSD)
Bull Market Weakness (+75) - BTNUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BTNUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BTNUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTNUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTNUSD
The long-term trend has been UP since Jul 2nd, 2020 at 0.01332333
The intermediate-term trend has been UP since Nov 19th, 2020 at 0.01350252
The short-term trend has been UP since Nov 8th, 2020 at 0.01344465
Smart Scan Analysis for BTNUSD
Based on our trend formula, BTNUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).