Forex Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Euro/Panamanian Balboa (FOREX:EURPAB)
Crossroads (-60) - EURPAB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 7th, 2021 at 1.1980
The intermediate-term trend has been UP since Apr 16th, 2021 at 1.1899
The short-term trend has been UP since Apr 6th, 2021 at 1.1737
Smart Scan Analysis for EURPAB
Based on our trend formula, EURPAB is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).