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Forex Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
US Dollar/Botswana Pula (FOREX:USDBWP)
Sidelines Mode (+55) - USDBWP 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 USDBWP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDBWP.
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 USDBWP
The long-term trend has been UP since Sep 5th, 2023 at 13.682857
The intermediate-term trend has been DOWN since Apr 8th, 2024 at 13.613831
The short-term trend has been UP since Apr 10th, 2024 at 13.614911
Smart Scan Analysis for USDBWP
Based on our trend formula, USDBWP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13.728677 | 13.728677 | 13.728677 | 13.728677 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 13.728677 | 2024-04-14 21:07:28 |