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.
MarketClub’s Trade Triangles for PABUSD
The long-term trend has been UP since Mar 29th, 2020 at 1.0042277
The intermediate-term trend has been UP since May 18th, 2020 at 1.0024257
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).