Forex Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
Botswana Pula/Swedish Krona (FOREX:BWPSEK)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 BWPSEK
The long term trend has been UP since Jan 25th, 2019 at 0.8664
The intermediate term trend has been DOWN since Feb 28th, 2019 at 0.8759
The short term trend has been UP since Mar 22nd, 2019 at 0.8643
Smart Scan Analysis for BWPSEK
Based on a pre-defined weighted trend formula for chart analysis, BWPSEK scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).