Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
Botswana Pula/British Pound (FOREX:BWPGBP)
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 BWPGBP
The long term trend has been UP since Dec 2nd, 2018 at 0.073881
The intermediate term trend has been UP since Feb 3rd, 2019 at 0.073959
The short term trend has been DOWN since Feb 10th, 2019 at 0.074119
Smart Scan Analysis for BWPGBP
Based on a pre-defined weighted trend formula for chart analysis, BWPGBP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).