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Forex Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Panamanian Balboa/US Dollar (FOREX:PABUSD)
Bull Market Weakness (+75) - PABUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PABUSD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PABUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PABUSD.
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 PABUSD
The long-term trend has been DOWN since Apr 30th, 2024 at 0.9945833
The intermediate-term trend has been UP since May 9th, 2024 at 1.0031117
The short-term trend has been UP since May 9th, 2024 at 1.0027910
Smart Scan Analysis for PABUSD
Based on our trend formula, PABUSD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0003562 | 1.0046855 | 1.0003562 | 1.0046855 | +0.0043290 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0003562 | 2024-05-09 21:01:39 |