Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Botswana Pula/US Dollar (FOREX:BWPUSD)
Long-Term Downtrend (-90) - BWPUSD is in a strong downtrend that is likely to continue. While BWPUSD 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 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 Jul 19th, 2021 at 0.09073363
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 0.08996188
The short-term trend has been DOWN since Sep 15th, 2021 at 0.09146541
Smart Scan Analysis for BWPUSD
Based on our trend formula, BWPUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).