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Forex Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

British Pound/Panamanian Balboa (FOREX:GBPPAB)

Sidelines Mode (+50) - GBPPAB is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPPAB can gain momentum.

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
1.217236 1.217236 1.217236 1.217236 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPPAB

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 1.3769030

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 1.2140256

short term up The short-term trend has been UP since Jul 27th, 2022 at 1.1967454

Smart Scan Analysis for GBPPAB

Based on our trend formula, GBPPAB is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPPAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.217236 1.217236 1.217236 1.217236 0.000000
Prev. Close Volume Bid Ask Time
1.217236 2022-08-14 21:08:40
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