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Forex Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Botswana Pula/South African Rand (FOREX:BWPZAR)

Sidelines Mode (+55) - BWPZAR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid BWPZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for BWPZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_BWPZAR
Open High Low BWPZAR Price Change
1.3888134 1.3891780 1.3710471 1.3784601 -0.0103530
Entry Signal

MarketClub’s Trade Triangles for BWPZAR

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 1.3556260

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2024 at 1.3880806

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 1.3738896

Smart Scan Analysis for BWPZAR

Based on our trend formula, BWPZAR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for BWPZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3888134 1.3891780 1.3710471 1.3784601 -0.0103530
Prev. Close Volume Bid Ask Time
1.3888134 2024-04-25 11:57:01
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