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Forex Trend Analysis Report

Prepared for you on Monday, March 18, 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.

FOREX_BWPXOF
Open High Low BWPXOF Price Change
44.318424 44.318424 44.318424 44.318424 0.000000
Entry Signal

MarketClub’s Trade Triangles for BWPXOF

long term down The long-term trend has been DOWN since Sep 15th, 2022 at 50.597178

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 44.195998

short term up The short-term trend has been UP since Mar 7th, 2024 at 44.018051

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).

-60
Smart Scan Analysis for BWPXOF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.318424 44.318424 44.318424 44.318424 0.000000
Prev. Close Volume Bid Ask Time
44.071285 2024-03-16 22:37:13
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