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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
British Pound/Botswana Pula (FOREX:GBPBWP)
Bear Market Rally (-75) - GBPBWP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPBWP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid GBPBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPBWP.
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 GBPBWP
The long-term trend has been DOWN since Apr 12th, 2024 at 17.125354
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 17.367901
The short-term trend has been UP since Apr 18th, 2024 at 17.184812
Smart Scan Analysis for GBPBWP
Based on our trend formula, GBPBWP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 17.233682 | 17.233682 | 17.233682 | 17.233682 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 17.233682 | 2024-04-18 07:26:28 |