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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
US Dollar/Panamanian Balboa (FOREX:USDPAB)
Long-Term Uptrend (+90) - USDPAB is in a strong uptrend that is likely to continue. While USDPAB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid USDPAB?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPAB.
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 USDPAB
The long-term trend has been UP since Apr 30th, 2024 at 1.0059713
The intermediate-term trend has been UP since Apr 30th, 2024 at 1.0004341
The short-term trend has been UP since May 7th, 2024 at 0.9996092
Smart Scan Analysis for USDPAB
Based on our trend formula, USDPAB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0001863 | 1.0001863 | 1.0001863 | 1.0001863 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0001863 | 2024-05-09 07:26:28 |