Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
Botswana Pula/Swiss Franc (FOREX:BWPCHF)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 BWPCHF
The long term trend has been UP since Nov 29th, 2019 at 0.09208795
The intermediate term trend has been DOWN since Jan 6th, 2020 at 0.09092209
The short term trend has been UP since Jan 8th, 2020 at 0.09093443
Smart Scan Analysis for BWPCHF
Based on a pre-defined weighted trend formula for chart analysis, BWPCHF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).