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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Botswana Pula/US Dollar (FOREX:BWPUSD)

Crossroads (+60) - BWPUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_BWPUSD
Open High Low BWPUSD Price Change
0.07316961 0.07316961 0.07316961 0.07316961 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BWPUSD

long term down The long-term trend has been DOWN since Sep 5th, 2023 at 0.07309290

intermediate term up The intermediate-term trend has been UP since May 8th, 2024 at 0.07303744

short term up The short-term trend has been UP since May 2nd, 2024 at 0.07289823

Smart Scan Analysis for BWPUSD

Based on our trend formula, BWPUSD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for BWPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07316961 0.07316961 0.07316961 0.07316961 0.00000000
Prev. Close Volume Bid Ask Time
0.07309550 2024-05-08 21:02:49
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