Forex Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Euro/Botswana Pula (FOREX:EURBWP)
Crossroads (-60) - EURBWP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 Aug 19th, 2021 at 13.1233
The intermediate-term trend has been DOWN since Oct 12th, 2021 at 13.0617
The short-term trend has been DOWN since Oct 11th, 2021 at 13.1014
Smart Scan Analysis for EURBWP
Based on our trend formula, EURBWP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).