Forex Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
/US Dollar (FOREX:BTNUSD)
Strong Downtrend (-100) - BTNUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Apr 7th, 2021 at 0.01359067
The intermediate-term trend has been DOWN since Mar 30th, 2021 at 0.01367915
The short-term trend has been DOWN since Apr 7th, 2021 at 0.01362103
Smart Scan Analysis for BTNUSD
Based on our trend formula, BTNUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).