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Forex Trend Analysis Report

Prepared for you on Saturday, January 19, 2019.

Botswana Pula/Norwegian Krone (FOREX:BWPNOK)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.

FOREX_BWPNOK
Open High Low BWPNOK Price Change
0.81130 0.81470 0.81105 0.81410 +0.00280
Entry Signal

MarketClub’s Trade Triangles for BWPNOK

long term up The long term trend has been UP since Nov 20th, 2018 at 0.80225

intermediate term up The intermediate term trend has been UP since Dec 26th, 2018 at 0.81545

short term up The short term trend has been UP since Jan 11th, 2019 at 0.81410

Smart Scan Analysis for BWPNOK

Based on a pre-defined weighted trend formula for chart analysis, BWPNOK scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for BWPNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.81130 0.81470 0.81105 0.81410 +0.00280
Prev. Close Volume Bid Ask Time
0.81130 0.80290 0.82530 2019-01-18 13:07:52
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