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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.
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MarketClub’s Trade Triangles for USDBTN
The long-term trend has been UP since Mar 3rd, 2022 at 76.01383
The intermediate-term trend has been UP since Feb 7th, 2023 at 81.83212
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).
| 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 |