Forex Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
Swiss Franc/Botswana Pula (FOREX:CHFBWP)
Countertrend Up (+85) - CHFBWP 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 CHFBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFBWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFBWP
The long-term trend has been UP since Jul 12th, 2021 at 11.956904
The intermediate-term trend has been UP since Sep 26th, 2021 at 12.107714
The short-term trend has been UP since Sep 15th, 2021 at 11.893342
Smart Scan Analysis for CHFBWP
Based on our trend formula, CHFBWP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).