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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Swiss Franc/Botswana Pula (FOREX:CHFBWP)

Long-Term Downtrend (-90) - CHFBWP is in a strong downtrend that is likely to continue. While CHFBWP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CHFBWP?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFBWP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFBWP
Open High Low CHFBWP Price Change
15.134942 15.208121 15.134942 15.208121 +0.073179
Entry Signal

MarketClub’s Trade Triangles for CHFBWP

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 15.401963

intermediate term down The intermediate-term trend has been DOWN since Jan 21st, 2024 at 15.822118

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 15.430023

Smart Scan Analysis for CHFBWP

Based on our trend formula, CHFBWP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CHFBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.134942 15.208121 15.134942 15.208121 +0.073179
Prev. Close Volume Bid Ask Time
15.268541 2024-03-28 08:26:03
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