Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Botswana Pula/South African Rand (FOREX:BWPZAR)
Countertrend Up (+85) - BWPZAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jul 7th, 2022 at 1.3365156
The intermediate-term trend has been UP since Jan 16th, 2023 at 1.3525629
The short-term trend has been UP since Mar 27th, 2023 at 1.3871771
Smart Scan Analysis for BWPZAR
Based on our trend formula, BWPZAR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).