Forex Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
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 Mar 19th, 2020 at 1.0791
The intermediate-term trend has been UP since May 19th, 2020 at 1.0882
The short-term trend has been UP since Jun 1st, 2020 at 1.0985
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).