Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

Botswana Pula/South African Rand (FOREX:BWPZAR)

Weak Downtrend (-65) - BWPZAR is showing signs of a strengthening downtrend. Monitor BWPZAR as it may be building momentum to the downside.

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.

FOREX_BWPZAR
Open High Low BWPZAR Price Change
1.3392636 1.3526801 1.3391048 1.3525613 +0.0132980
Entry Signal

MarketClub’s Trade Triangles for BWPZAR

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 1.3556260

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 1.3538077

short term down The short-term trend has been DOWN since May 13th, 2024 at 1.3494539

Smart Scan Analysis for BWPZAR

Based on our trend formula, BWPZAR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BWPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3392636 1.3526801 1.3391048 1.3525613 +0.0132980
Prev. Close Volume Bid Ask Time
1.3392636 2024-05-22 20:16:19
Get a free daily analysis and signals for Botswana Pula/South African Rand (BWPZAR) - Request Your Free Report.