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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Botswana Pula/British Pound (FOREX:BWPGBP)

Sidelines Mode (+55) - BWPGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BWPGBP?

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

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

FOREX_BWPGBP
Open High Low BWPGBP Price Change
0.05803274 0.05803274 0.05803274 0.05803274 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BWPGBP

long term up The long-term trend has been UP since Apr 12th, 2024 at 0.05839976

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 0.05758418

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 0.05819782

Smart Scan Analysis for BWPGBP

Based on our trend formula, BWPGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BWPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05803274 0.05803274 0.05803274 0.05803274 0.00000000
Prev. Close Volume Bid Ask Time
0.05803274 2024-04-18 07:26:28
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