Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
US Dollar/Botswana Pula (FOREX:USDBWP)
Weak Downtrend (-65) - USDBWP is showing signs of a strengthening downtrend. Monitor USDBWP as it may be building momentum to the downside.
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 UP since Feb 23rd, 2023 at 13.266416
The intermediate-term trend has been DOWN since Mar 18th, 2023 at 13.218846
The short-term trend has been DOWN since Mar 17th, 2023 at 13.243552
Smart Scan Analysis for USDBWP
Based on our trend formula, USDBWP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).