Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
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.
MarketClub’s Trade Triangles for USDBTN
The long-term trend has been UP since Apr 7th, 2021 at 73.58977
The intermediate-term trend has been UP since Mar 30th, 2021 at 73.11363
The short-term trend has been UP since Apr 7th, 2021 at 73.42575
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).