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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for GBPBWP
The long-term trend has been DOWN since May 8th, 2024 at 17.095567
The intermediate-term trend has been UP since Jul 7th, 2024 at 17.380263
The short-term trend has been DOWN since Jul 21st, 2024 at 17.531811
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.435624 | 17.435624 | 17.434074 | 17.434074 | -0.001550 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.435624 | 2024-07-26 14:00:16 |