Forex Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
Botswana Pula/CFA Franc BCEAO (FOREX:BWPXOF)
Strong Uptrend (+100) - BWPXOF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, BWPXOF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for BWPXOF
The long-term trend has been UP since Dec 2nd, 2019 at 54.789556
The intermediate-term trend has been UP since Feb 16th, 2020 at 55.095584
The short-term trend has been UP since Feb 13th, 2020 at 54.722822
Smart Scan Analysis for BWPXOF
Based on our trend formula, BWPXOF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).