Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
Botswana Pula/US Dollar (FOREX:BWPUSD)
Sidelines Mode (+55) - BWPUSD 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 BWPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for BWPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BWPUSD
The long-term trend has been UP since Jul 13th, 2020 at 0.08621742
The intermediate-term trend has been UP since Feb 10th, 2021 at 0.09194231
The short-term trend has been DOWN since Feb 25th, 2021 at 0.09213033
Smart Scan Analysis for BWPUSD
Based on our trend formula, BWPUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).