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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Botswana Pula/British Pound (FOREX:BWPGBP)

Sidelines Mode (+55) - BWPGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_BWPGBP
Open High Low BWPGBP Price Change
0.05745609 0.05745609 0.05745609 0.05745609 0.00000000
Entry Signal

MarketClub’s Trade Triangles for BWPGBP

long term up The long-term trend has been UP since May 8th, 2024 at 0.05850171

intermediate term down The intermediate-term trend has been DOWN since May 26th, 2024 at 0.05784850

short term up The short-term trend has been UP since Jun 13th, 2024 at 0.05734910

Smart Scan Analysis for BWPGBP

Based on our trend formula, BWPGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BWPGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05745609 0.05745609 0.05745609 0.05745609 0.00000000
Prev. Close Volume Bid Ask Time
0.05745609 2024-06-13 11:03:42
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