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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.
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MarketClub’s Trade Triangles for BWPXOF
The long-term trend has been DOWN since Mar 5th, 2020 at 54.299278
The intermediate-term trend has been UP since May 5th, 2020 at 49.692583
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).
| 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 |