Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
Botswana Pula/Euro (FOREX:BWPEUR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for BWPEUR
The long term trend has been DOWN since Apr 11th, 2017 at 0.08833
The intermediate term trend has been UP since Dec 4th, 2017 at 0.08102
The short term trend has been DOWN since Sep 19th, 2017 at 0.08330
Smart Scan Analysis for BWPEUR
Based on a pre-defined weighted trend formula for chart analysis, BWPEUR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).