Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Botswana Pula/British Pound (FOREX:BWPGBP)
Long-Term Downtrend (-90) - BWPGBP is in a strong downtrend that is likely to continue. While BWPGBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Jan 7th, 2021 at 0.06694981
The intermediate-term trend has been DOWN since Sep 26th, 2021 at 0.06522896
The short-term trend has been DOWN since Sep 26th, 2021 at 0.06522896
Smart Scan Analysis for BWPGBP
Based on our trend formula, BWPGBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).