Forex Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
Botswana Pula/Swedish Krona (FOREX:BWPSEK)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 Jun 12th, 2018 at 0.84710
The intermediate term trend has been UP since Oct 1st, 2018 at 0.83825
The short term trend has been UP since Oct 18th, 2018 at 0.84430
Smart Scan Analysis for BWPSEK
Based on a pre-defined weighted trend formula for chart analysis, BWPSEK scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).