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Forex Trend Analysis Report

Prepared for you on Monday, May 20, 2024.

/Euro (FOREX:BTNEUR)

Weak Downtrend (-65) - BTNEUR is showing signs of a strengthening downtrend. Monitor BTNEUR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid BTNEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BTNEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BTNEUR
Open High Low BTNEUR Price Change
0.01107423 0.01107423 0.01107423 0.01107423 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BTNEUR

long term up The long-term trend has been UP since Apr 15th, 2024 at 0.01121376

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 0.01115526

short term down The short-term trend has been DOWN since May 3rd, 2024 at 0.01116997

Smart Scan Analysis for BTNEUR

Based on our trend formula, BTNEUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BTNEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01107423 0.01107423 0.01107423 0.01107423 0.00000000
Prev. Close Volume Bid Ask Time
0.01107423 2024-05-19 21:02:01
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