Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
US Dollar/Botswana Pula (FOREX:USDBWP)
Countertrend Up (+85) - USDBWP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for USDBWP
The long-term trend has been UP since Feb 10th, 2020 at 10.972072
The intermediate-term trend has been UP since Jan 20th, 2020 at 10.706581
The short-term trend has been UP since Jan 27th, 2020 at 10.748421
Smart Scan Analysis for USDBWP
Based on our trend formula, USDBWP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).