Forex Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Botswana Pula/South African Rand (FOREX:BWPZAR)
Weak Downtrend (-65) - BWPZAR is showing signs of a strengthening downtrend. Monitor BWPZAR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for BWPZAR
The long-term trend has been DOWN since Jul 21st, 2020 at 1.4268615
The intermediate-term trend has been DOWN since Feb 5th, 2021 at 1.3553291
The short-term trend has been UP since Feb 25th, 2021 at 1.3740035
Smart Scan Analysis for BWPZAR
Based on our trend formula, BWPZAR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).