Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
British Pound/Botswana Pula (FOREX:GBPBWP)
Bull Market Weakness (+75) - GBPBWP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPBWP as it may be in the beginning stages of a reversal.
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 UP since Jan 7th, 2021 at 14.938662
The intermediate-term trend has been UP since Sep 26th, 2021 at 15.332904
The short-term trend has been UP since Sep 26th, 2021 at 15.332904
Smart Scan Analysis for GBPBWP
Based on our trend formula, GBPBWP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).