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Forex Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

Panamanian Balboa/US Dollar (FOREX:PABUSD)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_PABUSD
Open High Low PABUSD Price Change
1.005245 1.005245 1.005245 1.005245 0.000000
Entry Signal

MarketClub’s Trade Triangles for PABUSD

long term down The long term trend has been DOWN since Sep 16th, 2018 at 0.994320

intermediate term up The intermediate term trend has been UP since Sep 30th, 2018 at 1.001370

short term up The short term trend has been UP since Oct 7th, 2018 at 1.003245

Smart Scan Analysis for PABUSD

Based on a pre-defined weighted trend formula for chart analysis, PABUSD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for PABUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.005245 1.005245 1.005245 1.005245 0.000000
Prev. Close Volume Bid Ask Time
1.005245 0.983290 1.027200 2018-10-09 21:28:04
Want to analyze Panamanian Balboa/US Dollar PABUSD or another symbol? Try our Free Forex Trend Analysis Report.