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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Panamanian Balboa/US Dollar (FOREX:PABUSD)

Sidelines Mode (-55) - PABUSD 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 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
1.000387 1.000387 1.000387 1.000387 0.000000
Entry Signal

MarketClub’s Trade Triangles for PABUSD

long term up The long-term trend has been UP since Aug 15th, 2021 at 1.0036723

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 1.0003170

short term up The short-term trend has been UP since Sep 29th, 2021 at 0.9998603

Smart Scan Analysis for PABUSD

Based on our trend formula, PABUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for PABUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.000387 1.000387 1.000387 1.000387 0.000000
Prev. Close Volume Bid Ask Time
1.000387 2021-10-19 07:16:41
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