Forex Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
Botswana Pula/Norwegian Krone (FOREX:BWPNOK)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 BWPNOK
The long term trend has been DOWN since Jun 11th, 2018 at 0.79855
The intermediate term trend has been DOWN since Aug 10th, 2018 at 0.78880
The short term trend has been DOWN since Aug 10th, 2018 at 0.79195
Smart Scan Analysis for BWPNOK
Based on a pre-defined weighted trend formula for chart analysis, BWPNOK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).