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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

US Dollar/Botswana Pula (FOREX:USDBWP)

Crossroads (-60) - USDBWP 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 USDBWP?

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

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

FOREX_USDBWP
Open High Low USDBWP Price Change
13.668499 13.668499 13.668499 13.668499 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDBWP

long term up The long-term trend has been UP since Sep 5th, 2023 at 13.682857

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2024 at 13.693241

short term down The short-term trend has been DOWN since May 2nd, 2024 at 13.719378

Smart Scan Analysis for USDBWP

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

-60
Smart Scan Analysis for USDBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.668499 13.668499 13.668499 13.668499 0.000000
Prev. Close Volume Bid Ask Time
13.682357 2024-05-08 21:02:49
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