Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Botswana Pula/British Pound (FOREX:BWPGBP)
Bull Market Weakness (+75) - BWPGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BWPGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid BWPGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for BWPGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BWPGBP
The long-term trend has been UP since Sep 23rd, 2023 at 0.05963407
The intermediate-term trend has been UP since Aug 28th, 2023 at 0.05874533
The short-term trend has been UP since Aug 22nd, 2023 at 0.05777808
Smart Scan Analysis for BWPGBP
Based on our trend formula, BWPGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).