Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Botswana Pula (FOREX:USDBWP)
Countertrend Down (-85) - USDBWP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid USDBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDBWP
The long-term trend has been DOWN since May 16th, 2024 at 13.543512
The intermediate-term trend has been DOWN since Jun 18th, 2024 at 13.566078
The short-term trend has been UP since Jul 15th, 2024 at 13.542277
Smart Scan Analysis for USDBWP
Based on our trend formula, USDBWP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.548239 | 13.548239 | 13.544122 | 13.544122 | -0.004117 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.548239 | 2024-07-26 14:00:16 |