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Forex Trend Analysis Report

Prepared for you on Thursday, November 30, 2023.

Botswana Pula/South African Rand (FOREX:BWPZAR)

Crossroads (+60) - BWPZAR 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 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
1.3903834 1.3965690 1.3823719 1.3844438 -0.0059400
Entry Signal

MarketClub’s Trade Triangles for BWPZAR

long term down The long-term trend has been DOWN since Jul 18th, 2023 at 1.3550236

intermediate term up The intermediate-term trend has been UP since Nov 21st, 2023 at 1.3880911

short term up The short-term trend has been UP since Nov 30th, 2023 at 1.3941401

Smart Scan Analysis for BWPZAR

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

+60
Smart Scan Analysis for BWPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3903834 1.3965690 1.3823719 1.3844438 -0.0059400
Prev. Close Volume Bid Ask Time
1.3903834 2023-11-30 20:15:03
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