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Forex Trend Analysis Report

Prepared for you on Friday, August 17, 2018.

Botswana Pula/CFA Franc BCEAO (FOREX:BWPXOF)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_BWPXOF
Open High Low BWPXOF Price Change
53.728 54.118 53.728 54.118 +0.390
Entry Signal

MarketClub’s Trade Triangles for BWPXOF

long term down The long term trend has been DOWN since Jun 14th, 2018 at 54.804

intermediate term down The intermediate term trend has been DOWN since Aug 13th, 2018 at 54.207

short term down The short term trend has been DOWN since Aug 13th, 2018 at 54.568

Smart Scan Analysis for BWPXOF

Based on a pre-defined weighted trend formula for chart analysis, BWPXOF scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for BWPXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
53.728 54.118 53.728 54.118 +0.390
Prev. Close Volume Bid Ask Time
53.728 54.118 54.118 2018-08-14 21:13:15
Want to analyze Botswana Pula/CFA Franc BCEAO BWPXOF or another symbol? Try our Free Forex Trend Analysis Report.