Forex Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
British Pound/Panamanian Balboa (FOREX:GBPPAB)
Strong Uptrend (+100) - GBPPAB is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPPAB continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.
MarketClub’s Trade Triangles for GBPPAB
The long-term trend has been UP since Jul 9th, 2020 at 1.2639331
The intermediate-term trend has been UP since Oct 12th, 2020 at 1.2886448
The short-term trend has been UP since Feb 14th, 2021 at 1.3841447
Smart Scan Analysis for GBPPAB
Based on our trend formula, GBPPAB is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).