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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Botswana Pula/CFA Franc BCEAO (FOREX:BWPXOF)

Crossroads (-60) - BWPXOF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BWPXOF?

MarketClub looks at technical strength and momentum to determine if the timing is right for BWPXOF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BWPXOF
Open High Low BWPXOF Price Change
50.326993 50.326993 50.326993 50.326993 0.000000
Entry Signal

MarketClub’s Trade Triangles for BWPXOF

long term down The long-term trend has been DOWN since Mar 5th, 2020 at 54.299278

intermediate term up The intermediate-term trend has been UP since May 5th, 2020 at 49.692583

short term up The short-term trend has been UP since May 25th, 2020 at 49.811070

Smart Scan Analysis for BWPXOF

Based on our trend formula, BWPXOF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for BWPXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.326993 50.326993 50.326993 50.326993 0.000000
Prev. Close Volume Bid Ask Time
49.908090 50.326993 50.326993 2020-05-28 21:09:25
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