Forex Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
British Pound/Botswana Pula (FOREX:GBPBWP)
Crossroads (-60) - GBPBWP 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 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 Oct 13th, 2023 at 16.771016
The intermediate-term trend has been UP since Nov 19th, 2023 at 16.641134
The short-term trend has been UP since Nov 12th, 2023 at 16.631253
Smart Scan Analysis for GBPBWP
Based on our trend formula, GBPBWP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).