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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Botswana Pula/Euro (FOREX:BWPEUR)

Sidelines Mode (+50) - BWPEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BWPEUR can gain momentum.

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

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

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

FOREX_BWPEUR
Open High Low BWPEUR Price Change
0.06732975 0.06744783 0.06732975 0.06744783 +0.00011800
Entry Signal

MarketClub’s Trade Triangles for BWPEUR

long term down The long-term trend has been DOWN since Dec 28th, 2023 at 0.06739782

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 0.06738420

short term up The short-term trend has been UP since Mar 29th, 2024 at 0.06742509

Smart Scan Analysis for BWPEUR

Based on our trend formula, BWPEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for BWPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06732975 0.06744783 0.06732975 0.06744783 +0.00011800
Prev. Close Volume Bid Ask Time
0.06732975 2024-03-29 08:19:02
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