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Forex Trend Analysis Report

Prepared for you on Saturday, August 17, 2019.

Botswana Pula/Norwegian Krone (FOREX:BWPNOK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.

Open High Low BWPNOK Price Change
0.81140 0.81730 0.80845 0.81535 +0.00395
Entry Signal

MarketClub’s Trade Triangles for BWPNOK

long term up The long term trend has been UP since Jul 23rd, 2019 at 0.82090

intermediate term down The intermediate term trend has been DOWN since Aug 9th, 2019 at 0.80665

short term up The short term trend has been UP since Aug 15th, 2019 at 0.81320

Smart Scan Analysis for BWPNOK

Based on a pre-defined weighted trend formula for chart analysis, BWPNOK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for BWPNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.81140 0.81730 0.80845 0.81535 +0.00395
Prev. Close Volume Bid Ask Time
0.81140 0.80450 0.82620 2019-08-16 14:17:01
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