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.
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MarketClub’s Trade Triangles for GBPBWP
The long-term trend has been UP since Jan 16th, 2024 at 17.243657
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 17.367901
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).
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 |