Forex Trend Analysis Report
Prepared for you on Thursday, May 25, 2017.
Japanese Yen/Botswana Pula (FOREX:JPYBWP)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for JPYBWP
The long term trend has been UP since Apr 3rd, 2017 at 0.094520
The intermediate term trend has been DOWN since Apr 23rd, 2017 at 0.094195
The short term trend has been DOWN since May 22nd, 2017 at 0.092415
Smart Scan Analysis for JPYBWP
Based on a pre-defined weighted trend formula for chart analysis, JPYBWP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).