Forex Trend Analysis Report
Prepared for you on Thursday, February 20, 2020.
Euro/Panamanian Balboa (FOREX:EURPAB)
Strong Downtrend (-100) - EURPAB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 Feb 10th, 2020 at 1.0991
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 1.1093
The short-term trend has been DOWN since Feb 5th, 2020 at 1.1037
Smart Scan Analysis for EURPAB
Based on our trend formula, EURPAB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).