Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
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 10th, 2020 at 10.972072
The intermediate-term trend has been DOWN since May 18th, 2020 at 12.103554
The short-term trend has been DOWN since May 18th, 2020 at 12.104200
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).