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Forex Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
Botswana Pula/CFA Franc BCEAO (FOREX:BWPXOF)
Crossroads (-60) - BWPXOF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid BWPXOF?
MarketClub looks at technical strength and momentum to determine if the timing is right for BWPXOF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for BWPXOF
The long-term trend has been UP since Jun 14th, 2024 at 44.882450
The intermediate-term trend has been DOWN since Nov 19th, 2024 at 45.663557
The short-term trend has been DOWN since Nov 20th, 2024 at 45.647669
Smart Scan Analysis for BWPXOF
Based on our trend formula, BWPXOF is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.492545 | 45.492545 | 45.492545 | 45.492545 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.673096 | 2024-11-20 19:11:55 |