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Forex Trend Analysis Report

Prepared for you on Thursday, June 13, 2024.

Panamanian Balboa/US Dollar (FOREX:PABUSD)

Crossroads (-60) - PABUSD 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 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
1.0006619 1.0006619 1.0006619 1.0006619 0.0000000
Entry Signal

MarketClub’s Trade Triangles for PABUSD

long term down The long-term trend has been DOWN since Apr 30th, 2024 at 0.9945833

intermediate term up The intermediate-term trend has been UP since May 9th, 2024 at 1.0031117

short term up The short-term trend has been UP since Jun 12th, 2024 at 1.0020374

Smart Scan Analysis for PABUSD

Based on our trend formula, PABUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PABUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0006619 1.0006619 1.0006619 1.0006619 0.0000000
Prev. Close Volume Bid Ask Time
1.0006619 2024-06-13 07:24:56
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