Forex Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Panamanian Balboa/US Dollar (FOREX:PABUSD)
Weak Downtrend (-65) - PABUSD is showing signs of a strengthening downtrend. Monitor PABUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PABUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PABUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PABUSD
The long-term trend has been UP since May 3rd, 2022 at 1.0021968
The intermediate-term trend has been DOWN since Aug 14th, 2022 at 0.9991209
The short-term trend has been DOWN since Aug 14th, 2022 at 0.9991209
Smart Scan Analysis for PABUSD
Based on our trend formula, PABUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).