Forex Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
Botswana Pula/Swedish Krona (FOREX:BWPSEK)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Nov 17th, 2017 at 0.8035
The intermediate term trend has been DOWN since Jan 11th, 2018 at 0.8235
The short term trend has been UP since Jan 17th, 2018 at 0.8304
Smart Scan Analysis for BWPSEK
Based on a pre-defined weighted trend formula for chart analysis, BWPSEK scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).