Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
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.
MarketClub’s Trade Triangles for BWPZAR
The long-term trend has been UP since Feb 26th, 2020 at 1.3839962
The intermediate-term trend has been DOWN since May 20th, 2020 at 1.4855700
The short-term trend has been DOWN since May 15th, 2020 at 1.5036833
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).