Forex Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
Botswana Pula/Euro (FOREX:BWPEUR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 Aug 14th, 2017 at 0.08250
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 -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).