Forex Trend Analysis Report
Prepared for you on Thursday, March 28, 2024.
British Pound/Panamanian Balboa (FOREX:GBPPAB)
Sidelines Mode (+55) - GBPPAB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 Dec 24th, 2023 at 1.2710369
The intermediate-term trend has been UP since Feb 26th, 2024 at 1.2624460
The short-term trend has been DOWN since Mar 18th, 2024 at 1.2800356
Smart Scan Analysis for GBPPAB
Based on our trend formula, GBPPAB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1.2699862 | 1.2699862 | 1.2699862 | 1.2699862 | 0.0000000 |
Prev. Close | Volume | Bid | Ask | Time |
1.2629478 | 2024-03-19 22:06:42 |