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Forex Trend Analysis Report

Prepared for you on Wednesday, March 3, 2021.

US Dollar/Botswana Pula (FOREX:USDBWP)

Bear Market Rally (-75) - USDBWP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDBWP as it may be in the beginning of a reversal.

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.

FOREX_USDBWP
Open High Low USDBWP Price Change
10.871662 10.871662 10.871662 10.871662 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDBWP

long term down The long-term trend has been DOWN since Jul 13th, 2020 at 11.600303

intermediate term down The intermediate-term trend has been DOWN since Feb 10th, 2021 at 10.877980

short term up The short-term trend has been UP since Feb 25th, 2021 at 10.855784

Smart Scan Analysis for USDBWP

Based on our trend formula, USDBWP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for USDBWP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.871662 10.871662 10.871662 10.871662 0.000000
Prev. Close Volume Bid Ask Time
10.952442 2021-02-25 07:31:41
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