Forex Trend Analysis Report
Prepared for you on Tuesday, January 28, 2020.
CFA Franc BCEAO/Botswana Pula (FOREX:XOFBWP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for XOFBWP
The long term trend has been DOWN since Dec 2nd, 2019 at 0.01825165
The intermediate term trend has been UP since Jan 20th, 2020 at 0.01820851
The short term trend has been DOWN since Jan 24th, 2020 at 0.01817086
Smart Scan Analysis for XOFBWP
Based on a pre-defined weighted trend formula for chart analysis, XOFBWP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).