Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2020.
US Dollar/ (FOREX:USDBTN)
Long-Term Uptrend (+90) - USDBTN is in a strong uptrend that is likely to continue. While USDBTN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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 Nov 13th, 2019 at 71.80950
The intermediate-term trend has been UP since Feb 18th, 2020 at 71.42788
The short-term trend has been UP since Feb 13th, 2020 at 71.34949
Smart Scan Analysis for USDBTN
Based on our trend formula, USDBTN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).