Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Botswana Pula/US Dollar (FOREX:BWPUSD)
Sidelines Mode (+50) - BWPUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BWPUSD can gain momentum.
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 Feb 23rd, 2023 at 0.07538947
The intermediate-term trend has been UP since Mar 28th, 2023 at 0.07563956
The short-term trend has been UP since Mar 17th, 2023 at 0.07551818
Smart Scan Analysis for BWPUSD
Based on our trend formula, BWPUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).