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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Panamanian Balboa/US Dollar (FOREX:PABUSD)

Weak Uptrend (+65) - PABUSD is showing signs of weakening momentum to the upside. Monitor PABUSD as it may be in the beginning stages of a reversal.

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.

FOREX_PABUSD
Open High Low PABUSD Price Change
1.0008718 1.0008718 1.0008718 1.0008718 0.0000000
Entry Signal

MarketClub’s Trade Triangles for PABUSD

long term up The long-term trend has been UP since Mar 29th, 2020 at 1.0042277

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 1.0024257

short term down The short-term trend has been DOWN since May 19th, 2020 at 1.0003036

Smart Scan Analysis for PABUSD

Based on our trend formula, PABUSD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for PABUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0008718 1.0008718 1.0008718 1.0008718 0.0000000
Prev. Close Volume Bid Ask Time
1.0008718 0.9783418 1.0234018 2020-06-01 07:17:48
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