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Forex Trend Analysis Report
Prepared for you on Tuesday, November 5, 2024.
Botswana Pula/South African Rand (FOREX:BWPZAR)
Strong Downtrend (-100) - BWPZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, BWPZAR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for BWPZAR
The long-term trend has been DOWN since Sep 22nd, 2024 at 1.3156826
The intermediate-term trend has been DOWN since Nov 5th, 2024 at 1.3074348
The short-term trend has been DOWN since Nov 1st, 2024 at 1.3114914
Smart Scan Analysis for BWPZAR
Based on our trend formula, BWPZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.3106816 | 1.3124456 | 1.3071336 | 1.3087397 | -0.0019420 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.3106816 | 2024-11-05 06:27:53 |