Forex Trend Analysis Report
Prepared for you on Sunday, August 14, 2022.
Euro/Panamanian Balboa (FOREX:EURPAB)
Sidelines Mode (+50) - EURPAB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURPAB can gain momentum.
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.
MarketClub’s Trade Triangles for EURPAB
The long-term trend has been DOWN since Aug 9th, 2021 at 1.1777
The intermediate-term trend has been UP since Aug 10th, 2022 at 1.0241
The short-term trend has been UP since Jul 29th, 2022 at 1.0156
Smart Scan Analysis for EURPAB
Based on our trend formula, EURPAB is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).