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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Botswana Pula/CFA Franc BCEAO (FOREX:BWPXOF)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

FOREX_BWPXOF
Open High Low BWPXOF Price Change
53.988 53.988 53.988 53.988 0.000
Entry Signal

MarketClub’s Trade Triangles for BWPXOF

long term up The long term trend has been UP since Dec 2nd, 2018 at 54.755

intermediate term down The intermediate term trend has been DOWN since Dec 11th, 2018 at 54.109

short term down The short term trend has been DOWN since Dec 6th, 2018 at 54.800

Smart Scan Analysis for BWPXOF

Based on a pre-defined weighted trend formula for chart analysis, BWPXOF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for BWPXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.988 53.988 53.988 53.988 0.000
Prev. Close Volume Bid Ask Time
53.988 53.988 53.988 2018-12-13 20:57:22
Want to analyze Botswana Pula/CFA Franc BCEAO BWPXOF or another symbol? Try our Free Forex Trend Analysis Report.