Forex Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
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.
MarketClub’s Trade Triangles for GBPPAB
The long-term trend has been DOWN since Mar 8th, 2023 at 1.1959299
The intermediate-term trend has been UP since Mar 18th, 2023 at 1.2093029
The short-term trend has been UP since Mar 18th, 2023 at 1.2005371
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).