Forex Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
Euro/Botswana Pula (FOREX:EURBWP)
Countertrend Down (-85) - EURBWP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURBWP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURBWP
The long-term trend has been DOWN since Nov 3rd, 2020 at 13.3875
The intermediate-term trend has been DOWN since May 31st, 2021 at 12.9930
The short-term trend has been UP since Jun 15th, 2021 at 12.9223
Smart Scan Analysis for EURBWP
Based on our trend formula, EURBWP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).