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Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2019.

Botswana Pula/Norwegian Krone (FOREX:BWPNOK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

FOREX_BWPNOK
Open High Low BWPNOK Price Change
0.79830 0.79865 0.79740 0.79740 -0.00090
Entry Signal

MarketClub’s Trade Triangles for BWPNOK

long term down The long term trend has been DOWN since Mar 21st, 2019 at 0.79345

intermediate term down The intermediate term trend has been DOWN since May 28th, 2019 at 0.80925

short term down The short term trend has been DOWN since Jun 20th, 2019 at 0.79885

Smart Scan Analysis for BWPNOK

Based on a pre-defined weighted trend formula for chart analysis, BWPNOK scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for BWPNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.79830 0.79865 0.79740 0.79740 -0.00090
Prev. Close Volume Bid Ask Time
0.79830 0.78660 0.80820 2019-06-24 09:16:30
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