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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Botswana Pula (FOREX:GBPBWP)
Long-Term Downtrend (-90) - GBPBWP is in a strong downtrend that is likely to continue. While GBPBWP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPBWP
The long-term trend has been DOWN since May 8th, 2024 at 17.095567
The intermediate-term trend has been DOWN since May 8th, 2024 at 17.095567
The short-term trend has been DOWN since May 2nd, 2024 at 17.223000
Smart Scan Analysis for GBPBWP
Based on our trend formula, GBPBWP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.071937 | 17.071937 | 17.071937 | 17.071937 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.071937 | 2024-05-08 21:02:49 |