Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
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 Mar 7th, 2021 at 11.085856
The intermediate-term trend has been DOWN since Apr 1st, 2021 at 10.996311
The short-term trend has been DOWN since Mar 15th, 2021 at 11.152394
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).