Forex Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
Swiss Franc/Botswana Pula (FOREX:CHFBWP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for CHFBWP
The long term trend has been UP since Jun 3rd, 2018 at 10.0730
The intermediate term trend has been UP since Aug 2nd, 2018 at 10.4225
The short term trend has been UP since Aug 1st, 2018 at 10.3455
Smart Scan Analysis for CHFBWP
Based on a pre-defined weighted trend formula for chart analysis, CHFBWP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).