Future Trend Analysis Report
Prepared for you on Friday, July 3, 2020.
BITCOIN Aug 2020 (CME:BTC.Q20)
Crossroads (-60) - BTC.Q20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BTC.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for BTC.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BTC.Q20
The long-term trend has been UP since Apr 6th, 2020 at 6355
The intermediate-term trend has been DOWN since Jun 26th, 2020 at 9215
The short-term trend has been DOWN since Jul 2nd, 2020 at 9230
Smart Scan Analysis for BTC.Q20
Based on our trend formula, BTC.Q20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).