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Forex Trend Analysis Report
Prepared for you on Sunday, January 19, 2025.
British Pound/Panamanian Balboa (FOREX:GBPPAB)
Bear Market Rally (-75) - GBPPAB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPPAB as it may be in the beginning of a reversal.
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 UP since Jan 15th, 2025 at 1.2110342
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 -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2197431 | 1.2197431 | 1.2197431 | 1.2197431 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2197431 | 2025-01-18 02:34:59 |