Forex Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
US Dollar/ (FOREX:USDBTN)
Weak Downtrend (-65) - USDBTN is showing signs of a strengthening downtrend. Monitor USDBTN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDBTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBTN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for USDBTN
The long-term trend has been UP since Mar 4th, 2020 at 71.88434
The intermediate-term trend has been DOWN since Apr 30th, 2020 at 75.67931
The short-term trend has been DOWN since May 26th, 2020 at 75.76636
Smart Scan Analysis for USDBTN
Based on our trend formula, USDBTN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).