Forex Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
Botswana Pula/Swedish Krona (FOREX:BWPSEK)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 BWPSEK
The long term trend has been DOWN since Jan 30th, 2017 at 0.83370
The intermediate term trend has been DOWN since Jun 27th, 2017 at 0.84895
The short term trend has been UP since Aug 17th, 2017 at 0.79335
Smart Scan Analysis for BWPSEK
Based on a pre-defined weighted trend formula for chart analysis, BWPSEK scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).