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Forex Trend Analysis Report

Prepared for you on Saturday, August 18, 2018.

Botswana Pula/Swedish Krona (FOREX:BWPSEK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.

FOREX_BWPSEK
Open High Low BWPSEK Price Change
0.8498 0.8530 0.8429 0.8439 -0.0059
Entry Signal

MarketClub’s Trade Triangles for BWPSEK

long term down The long term trend has been DOWN since Jun 12th, 2018 at 0.84710

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 0.85245

short term down The short term trend has been DOWN since Aug 10th, 2018 at 0.86060

Smart Scan Analysis for BWPSEK

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

-100
Smart Scan Analysis for BWPSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8498 0.8530 0.8429 0.8439 -0.0059
Prev. Close Volume Bid Ask Time
0.8498 0.8389 0.8489 2018-08-17 14:25:18
Want to analyze Botswana Pula/Swedish Krona BWPSEK or another symbol? Try our Free Forex Trend Analysis Report.