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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Botswana Pula/CFA Franc BCEAO (FOREX:BWPXOF)
Sidelines Mode (+55) - BWPXOF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Jun 14th, 2024 at 44.882450
The intermediate-term trend has been DOWN since Jul 15th, 2024 at 44.577438
The short-term trend has been UP since Jul 26th, 2024 at 44.586528
Smart Scan Analysis for BWPXOF
Based on our trend formula, BWPXOF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 44.59259 | 44.59259 | 44.59259 | 44.59259 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 44.59259 | 2024-07-26 14:00:15 |