Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
US Dollar/ (FOREX:USDBTN)
Long-Term Downtrend (-90) - USDBTN is in a strong downtrend that is likely to continue. While USDBTN 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 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 DOWN since Jul 2nd, 2020 at 75.06757
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 72.47099
The short-term trend has been DOWN since Feb 22nd, 2021 at 72.58507
Smart Scan Analysis for USDBTN
Based on our trend formula, USDBTN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).