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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Botswana Pula/South African Rand (FOREX:BWPZAR)

Bull Market Weakness (+75) - BWPZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on BWPZAR as it may be in the beginning stages of a reversal.

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

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

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

FOREX_BWPZAR
Open High Low BWPZAR Price Change
1.3856426 1.3866567 1.3848841 1.3865208 +0.0008780
Entry Signal

MarketClub’s Trade Triangles for BWPZAR

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 1.3556260

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 1.3880806

short term up The short-term trend has been UP since Apr 15th, 2024 at 1.3800674

Smart Scan Analysis for BWPZAR

Based on our trend formula, BWPZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for BWPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3856426 1.3866567 1.3848841 1.3865208 +0.0008780
Prev. Close Volume Bid Ask Time
1.3856426 2024-04-23 02:04:42
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