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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Panamanian Balboa (FOREX:EURPAB)
Sidelines Mode (-55) - EURPAB 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 EURPAB?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURPAB.
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 EURPAB
The long-term trend has been DOWN since Apr 12th, 2024 at 1.0708
The intermediate-term trend has been UP since May 7th, 2024 at 1.0743
The short-term trend has been DOWN since May 9th, 2024 at 1.0743
Smart Scan Analysis for EURPAB
Based on our trend formula, EURPAB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0735 | 1.0735 | 1.0735 | 1.0735 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0735 | 2024-05-09 07:26:28 |