Forex Trend Analysis Report
Prepared for you on Friday, December 2, 2022.
Botswana Pula/Euro (FOREX:BWPEUR)
Strong Downtrend (-100) - BWPEUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BWPEUR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid BWPEUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for BWPEUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for BWPEUR
The long-term trend has been DOWN since Sep 14th, 2022 at 0.07714665
The intermediate-term trend has been DOWN since Nov 11th, 2022 at 0.07503576
The short-term trend has been DOWN since Oct 5th, 2022 at 0.07689272
Smart Scan Analysis for BWPEUR
Based on our trend formula, BWPEUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).