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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

/US Dollar (FOREX:BTNUSD)

Sidelines Mode (-55) - BTNUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_BTNUSD
Open High Low BTNUSD Price Change
0.01200677 0.01200677 0.01200677 0.01200677 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BTNUSD

long term up The long-term trend has been UP since Mar 6th, 2024 at 0.01211526

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 0.01203281

short term up The short-term trend has been UP since Apr 22nd, 2024 at 0.01198886

Smart Scan Analysis for BTNUSD

Based on our trend formula, BTNUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for BTNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01200677 0.01200677 0.01200677 0.01200677 0.00000000
Prev. Close Volume Bid Ask Time
0.01200677 2024-04-22 21:00:54
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