Future Trend Analysis Report
Prepared for you on Wednesday, November 13, 2019.
BITCOIN Nov 2019 (CME:BTC.X19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BTC.X19
The long term trend has been UP since Oct 27th, 2019 at 8885
The intermediate term trend has been UP since Oct 27th, 2019 at 8885
The short term trend has been DOWN since Nov 7th, 2019 at 9330
Smart Scan Analysis for BTC.X19
Based on a pre-defined weighted trend formula for chart analysis, BTC.X19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).