Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Botswana Pula/US Dollar (FOREX:BWPUSD)
Strong Downtrend (-100) - BWPUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BWPUSD continues to fall. Traders should use caution and set stops.
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 DOWN since Sep 5th, 2023 at 0.07309290
The intermediate-term trend has been DOWN since Dec 6th, 2023 at 0.07360853
The short-term trend has been DOWN since Dec 6th, 2023 at 0.07360853
Smart Scan Analysis for BWPUSD
Based on our trend formula, BWPUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).