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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
British Pound/Panamanian Balboa (FOREX:GBPPAB)
Long-Term Downtrend (-90) - GBPPAB is in a strong downtrend that is likely to continue. While GBPPAB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPPAB?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPAB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPPAB
The long-term trend has been DOWN since Dec 4th, 2024 at 1.2970408
The intermediate-term trend has been DOWN since Dec 15th, 2024 at 1.2686432
The short-term trend has been DOWN since Oct 3rd, 2024 at 1.3380037
Smart Scan Analysis for GBPPAB
Based on our trend formula, GBPPAB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2505716 | 1.2505716 | 1.2505716 | 1.2505716 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2739751 | 2024-12-21 08:23:54 |