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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Euro/Botswana Pula (FOREX:EURBWP)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_EURBWP
Open High Low EURBWP Price Change
12.198 12.198 12.198 12.198 0.000
Entry Signal

MarketClub’s Trade Triangles for EURBWP

long term down The long term trend has been DOWN since Nov 26th, 2018 at 11.981

intermediate term up The intermediate term trend has been UP since Dec 11th, 2018 at 12.123

short term up The short term trend has been UP since Dec 6th, 2018 at 11.970

Smart Scan Analysis for EURBWP

Based on a pre-defined weighted trend formula for chart analysis, EURBWP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for EURBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
12.198 12.198 12.198 12.198 0.000
Prev. Close Volume Bid Ask Time
12.198 12.038 12.358 2018-12-11 20:59:12
Want to analyze Euro/Botswana Pula EURBWP or another symbol? Try our Free Forex Trend Analysis Report.