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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Swiss Franc/Botswana Pula (FOREX:CHFBWP)

Sidelines Mode (-55) - CHFBWP 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 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.

FOREX_CHFBWP
Open High Low CHFBWP Price Change
15.243137 15.243137 15.243137 15.243137 0.000000
Entry Signal

MarketClub’s Trade Triangles for CHFBWP

long term down The long-term trend has been DOWN since Mar 28th, 2024 at 15.401963

intermediate term up The intermediate-term trend has been UP since May 30th, 2024 at 15.045776

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 15.432398

Smart Scan Analysis for CHFBWP

Based on our trend formula, CHFBWP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for CHFBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.243137 15.243137 15.243137 15.243137 0.000000
Prev. Close Volume Bid Ask Time
15.243137 2024-06-13 11:03:42
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