Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Panamanian Balboa (FOREX:GBPPAB)
Bull Market Weakness (+75) - GBPPAB is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPPAB as it may be in the beginning stages 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 UP since Jul 8th, 2024 at 1.2819401
The intermediate-term trend has been UP since Jul 8th, 2024 at 1.2797777
The short-term trend has been DOWN since Jul 21st, 2024 at 1.2970985
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 |
|---|---|---|---|---|
| 1.2896752 | 1.2896752 | 1.2896752 | 1.2896752 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2909793 | 2024-07-23 07:26:06 |