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.
MarketClub’s Trade Triangles for BWPZAR
The long-term trend has been DOWN since Jul 18th, 2023 at 1.3550236
The intermediate-term trend has been UP since Nov 21st, 2023 at 1.3880911
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).