Forex Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
Botswana Pula/Icelandic Krona (FOREX:BWPISK)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 BWPISK
The long term trend has been DOWN since Mar 18th, 2019 at 10.772
The intermediate term trend has been DOWN since Feb 14th, 2019 at 11.365
The short term trend has been UP since Mar 21st, 2019 at 10.975
Smart Scan Analysis for BWPISK
Based on a pre-defined weighted trend formula for chart analysis, BWPISK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).