Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
Botswana Pula/South African Rand (FOREX:BWPZAR)
Bear Market Rally (-75) - BWPZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on BWPZAR as it may be in the beginning 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.
|
|||||||||||||||
|
|||||||||||||||
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 29th, 2024 at 1.3234709
Smart Scan Analysis for BWPZAR
Based on our trend formula, BWPZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3276820 | 1.3314619 | 1.3187330 | 1.3214802 | -0.0062020 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3276820 | 2024-12-06 18:57:45 |