Forex Trend Analysis Report
Prepared for you on Saturday, August 13, 2022.
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 Jun 28th, 2022 at 12.795301
The intermediate-term trend has been UP since Jun 9th, 2022 at 12.257960
The short-term trend has been UP since Jun 10th, 2022 at 12.274564
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).