Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 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 DOWN since Mar 4th, 2020 at 0.01391339
The intermediate-term trend has been UP since Apr 30th, 2020 at 0.01321561
The short-term trend has been UP since May 26th, 2020 at 0.01320039
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).