Forex Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
Swiss Franc/Botswana Pula (FOREX:CHFBWP)
Weak Downtrend (-65) - CHFBWP is showing signs of a strengthening downtrend. Monitor CHFBWP as it may be building momentum to the downside.
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 DOWN since Sep 23rd, 2023 at 15.271736
The short-term trend has been DOWN since Sep 11th, 2023 at 15.321374
Smart Scan Analysis for CHFBWP
Based on our trend formula, CHFBWP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).