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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

British Pound/Botswana Pula (FOREX:GBPBWP)

Sidelines Mode (+55) - GBPBWP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GBPBWP
Open High Low GBPBWP Price Change
17.394461 17.397925 17.394461 17.397925 +0.003464
Entry Signal

MarketClub’s Trade Triangles for GBPBWP

long term up The long-term trend has been UP since Jan 16th, 2024 at 17.243657

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2024 at 17.367901

short term up The short-term trend has been UP since Mar 29th, 2024 at 17.396589

Smart Scan Analysis for GBPBWP

Based on our trend formula, GBPBWP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.394461 17.397925 17.394461 17.397925 +0.003464
Prev. Close Volume Bid Ask Time
17.394461 2024-03-29 03:30:07
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