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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

/US Dollar (FOREX:BTNUSD)

Long-Term Downtrend (-90) - BTNUSD is in a strong downtrend that is likely to continue. While BTNUSD 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 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
0.01329681 0.01329681 0.01329681 0.01329681 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BTNUSD

long term down The long-term trend has been DOWN since Apr 7th, 2021 at 0.01359067

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 0.01355898

short term down The short-term trend has been DOWN since Sep 29th, 2021 at 0.01356639

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).

-90
Smart Scan Analysis for BTNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01329681 0.01329681 0.01329681 0.01329681 0.00000000
Prev. Close Volume Bid Ask Time
0.01329681 2021-10-19 21:09:13
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