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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.

FOREX_GBPPAB
Open High Low GBPPAB Price Change
1.2133318 1.2133318 1.2133318 1.2133318 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPPAB

long term down The long-term trend has been DOWN since Mar 8th, 2023 at 1.1959299

intermediate term up The intermediate-term trend has been UP since Mar 18th, 2023 at 1.2093029

short term up 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).

-60
Smart Scan Analysis for GBPPAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2133318 1.2133318 1.2133318 1.2133318 0.0000000
Prev. Close Volume Bid Ask Time
1.2133318 2023-03-18 03:55:50
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