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Forex Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

Botswana Pula/Norwegian Krone (FOREX:BWPNOK)

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.

FOREX_BWPNOK
Open High Low BWPNOK Price Change
0.77315 0.77695 0.77285 0.77580 +0.00265
Entry Signal

MarketClub’s Trade Triangles for BWPNOK

long term down The long term trend has been DOWN since Jun 11th, 2018 at 0.79855

intermediate term up The intermediate term trend has been UP since Oct 9th, 2018 at 0.77040

short term up The short term trend has been UP since Oct 17th, 2018 at 0.77015

Smart Scan Analysis for BWPNOK

Based on a pre-defined weighted trend formula for chart analysis, BWPNOK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for BWPNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.77315 0.77695 0.77285 0.77580 +0.00265
Prev. Close Volume Bid Ask Time
0.77315 0.77110 0.78050 2018-10-22 14:43:48
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