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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

/US Dollar (FOREX:BTNUSD)

Strong Downtrend (-100) - BTNUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BTNUSD continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_BTNUSD
Open High Low BTNUSD Price Change
0.01181133 0.01181133 0.01181133 0.01181133 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BTNUSD

long term down The long-term trend has been DOWN since Jun 9th, 2024 at 0.01190998

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2024 at 0.01179279

short term down The short-term trend has been DOWN since Dec 9th, 2024 at 0.01179279

Smart Scan Analysis for BTNUSD

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

-100
Smart Scan Analysis for BTNUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01181133 0.01181133 0.01181133 0.01181133 0.00000000
Prev. Close Volume Bid Ask Time
0.01176817 2024-12-21 08:23:56
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