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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Panamanian Balboa (FOREX:GBPPAB)
Crossroads (-60) - GBPPAB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 8th, 2024 at 1.2819401
The intermediate-term trend has been DOWN since Nov 9th, 2024 at 1.2970408
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 -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2970112 | 1.2970112 | 1.2970112 | 1.2970112 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2690623 | 2024-11-09 14:52:02 |