Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
Euro/Botswana Pula (FOREX:EURBWP)
Weak Downtrend (-65) - EURBWP is showing signs of a strengthening downtrend. Monitor EURBWP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBWP
The long-term trend has been UP since Mar 9th, 2020 at 12.1683
The intermediate-term trend has been DOWN since May 12th, 2020 at 13.1211
The short-term trend has been DOWN since May 25th, 2020 at 13.1689
Smart Scan Analysis for EURBWP
Based on our trend formula, EURBWP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).