Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

US Dollar/Bitcoin (FOREX:USDBTC)

Bull Market Weakness (+75) - USDBTC is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDBTC as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid USDBTC?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDBTC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDBTC
Open High Low USDBTC Price Change
7092.79 7092.79 7092.79 7092.79 0.00
Entry Signal

MarketClub’s Trade Triangles for USDBTC

long term down The long-term trend has been DOWN since Mar 12th, 2020 at 6567.9874

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 7184.7080

short term up The short-term trend has been UP since Apr 16th, 2020 at 6988.0160

Smart Scan Analysis for USDBTC

Based on our trend formula, USDBTC is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDBTC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7092.79 7092.79 7092.79 7092.79 0.00
Prev. Close Volume Bid Ask Time
7092.79 7092.79 2020-05-21 20:25:15
Get a free daily analysis and signals for US Dollar/Bitcoin (USDBTC) - Request Your Free Report.