Forex Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Swiss Franc/Botswana Pula (FOREX:CHFBWP)
Strong Downtrend (-100) - CHFBWP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Nov 3rd, 2020 at 12.432498
The intermediate-term trend has been DOWN since Feb 4th, 2021 at 12.272976
The short-term trend has been DOWN since Jan 21st, 2021 at 12.345590
Smart Scan Analysis for CHFBWP
Based on our trend formula, CHFBWP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).