Forex Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
Botswana Pula/Euro (FOREX:BWPEUR)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 Jun 14th, 2018 at 0.083565
The intermediate term trend has been UP since Jul 15th, 2018 at 0.083240
The short term trend has been UP since Jul 9th, 2018 at 0.082650
Smart Scan Analysis for BWPEUR
Based on a pre-defined weighted trend formula for chart analysis, BWPEUR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).