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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

British Pound/Panamanian Balboa (FOREX:GBPPAB)

Weak Downtrend (-65) - GBPPAB is showing signs of a strengthening downtrend. Monitor GBPPAB as it may be building momentum to the downside.

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.

FOREX_GBPPAB
Open High Low GBPPAB Price Change
1.2866592 1.2866592 1.2866592 1.2866592 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPPAB

long term up The long-term trend has been UP since Oct 17th, 2019 at 1.2607000

intermediate term down The intermediate-term trend has been DOWN since Jan 20th, 2020 at 1.3039582

short term down The short-term trend has been DOWN since Feb 17th, 2020 at 1.3029860

Smart Scan Analysis for GBPPAB

Based on our trend formula, GBPPAB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GBPPAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2866592 1.2866592 1.2866592 1.2866592 0.0000000
Prev. Close Volume Bid Ask Time
1.2866592 1.2568671 1.3164512 2020-02-20 07:21:21
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