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Forex Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

Botswana Pula/CFA Franc BCEAO (FOREX:BWPXOF)

Weak Downtrend (-65) - BWPXOF is showing signs of a strengthening downtrend. Monitor BWPXOF as it may be building momentum to the downside.

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.

FOREX_BWPXOF
Open High Low BWPXOF Price Change
44.504851 44.504851 44.504851 44.504851 0.000000
Entry Signal

MarketClub’s Trade Triangles for BWPXOF

long term up The long-term trend has been UP since Jun 14th, 2024 at 44.882450

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 44.577438

short term down The short-term trend has been DOWN since Jul 12th, 2024 at 44.729424

Smart Scan Analysis for BWPXOF

Based on our trend formula, BWPXOF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for BWPXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.504851 44.504851 44.504851 44.504851 0.000000
Prev. Close Volume Bid Ask Time
44.504851 2024-07-21 21:00:36
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