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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Botswana Pula/South African Rand (FOREX:BWPZAR)
Sidelines Mode (+55) - BWPZAR 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 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.
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MarketClub’s Trade Triangles for BWPZAR
The long-term trend has been DOWN since Sep 22nd, 2024 at 1.3156826
The intermediate-term trend has been UP since Nov 12th, 2024 at 1.3394910
The short-term trend has been DOWN since Nov 17th, 2024 at 1.3190337
Smart Scan Analysis for BWPZAR
Based on our trend formula, BWPZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3308403 | 1.3339179 | 1.3284983 | 1.3318633 | +0.0010230 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3308403 | 2024-11-20 03:44:43 |