Forex Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
/US Dollar (FOREX:BTNUSD)
Long-Term Uptrend (+90) - BTNUSD is in a strong uptrend that is likely to continue. While BTNUSD 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 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 Feb 22nd, 2021 at 0.01380044
The short-term trend has been UP since Feb 22nd, 2021 at 0.01377872
Smart Scan Analysis for BTNUSD
Based on our trend formula, BTNUSD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).