Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, February 7, 2023.

US Dollar/ (FOREX:USDBTN)

Countertrend Up (+85) - USDBTN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_USDBTN
Open High Low USDBTN Price Change
82.67086 82.67086 82.67086 82.67086 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDBTN

long term up The long-term trend has been UP since Mar 3rd, 2022 at 76.01383

intermediate term up The intermediate-term trend has been UP since Feb 7th, 2023 at 81.83212

short term up The short-term trend has been UP since Feb 3rd, 2023 at 81.74658

Smart Scan Analysis for USDBTN

Based on our trend formula, USDBTN is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDBTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.67086 82.67086 82.67086 82.67086 0.00000
Prev. Close Volume Bid Ask Time
82.67086 2023-02-07 07:16:35
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