Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 28, 2020.

US Dollar/Bitcoin (FOREX:USDBTC)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDBTC
Open High Low USDBTC Price Change
9042.339 9178.572 8890.186 8982.899 -59.440
Entry Signal

MarketClub’s Trade Triangles for USDBTC

long term down The long term trend has been DOWN since Oct 23rd, 2019 at 7753.739

intermediate term up The intermediate term trend has been UP since Jan 6th, 2020 at 7636.688

short term up The short term trend has been UP since Jan 27th, 2020 at 8676.950

Smart Scan Analysis for USDBTC

Based on a pre-defined weighted trend formula for chart analysis, USDBTC scored +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
9042.339 9178.572 8890.186 8982.899 -59.440
Prev. Close Volume Bid Ask Time
9042.339 8982.899 2020-01-28 14:21:33
Get a free daily report for US Dollar/Bitcoin (USDBTC) - Free Trend Analysis Report.