Forex Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
Botswana Pula/Icelandic Krona (FOREX:BWPISK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 BWPISK
The long term trend has been DOWN since Jun 29th, 2018 at 10.1752
The intermediate term trend has been UP since Sep 10th, 2018 at 10.2610
The short term trend has been UP since Sep 20th, 2018 at 10.2815
Smart Scan Analysis for BWPISK
Based on a pre-defined weighted trend formula for chart analysis, BWPISK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).