Forex Trend Analysis Report
Prepared for you on Friday, August 18, 2017.
Botswana Pula/Euro (FOREX:BWPEUR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 0.088330
The intermediate term trend has been UP since Aug 14th, 2017 at 0.082500
The short term trend has been UP since Aug 16th, 2017 at 0.082815
Smart Scan Analysis for BWPEUR
Based on a pre-defined weighted trend formula for chart analysis, BWPEUR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).