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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

British Pound/Botswana Pula (FOREX:GBPBWP)

Strong Downtrend (-100) - GBPBWP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPBWP continues to fall. Traders should use caution and set stops.

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.

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FOREX_GBPBWP
Open High Low GBPBWP Price Change
17.184873 17.184873 17.184873 17.184873 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPBWP

long term down The long-term trend has been DOWN since May 8th, 2024 at 17.095567

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2024 at 17.283502

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 17.582379

Smart Scan Analysis for GBPBWP

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

-100
Smart Scan Analysis for GBPBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.184873 17.184873 17.184873 17.184873 0.000000
Prev. Close Volume Bid Ask Time
17.184873 2024-06-18 07:26:12
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