Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
British Pound/Botswana Pula (FOREX:GBPBWP)
Sidelines Mode (+50) - GBPBWP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPBWP can gain momentum.
Is it time to buy, sell, or avoid GBPBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPBWP
The long-term trend has been DOWN since Nov 16th, 2020 at 14.682577
The intermediate-term trend has been UP since Nov 23rd, 2020 at 14.787507
The short-term trend has been UP since Nov 30th, 2020 at 14.736659
Smart Scan Analysis for GBPBWP
Based on our trend formula, GBPBWP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).