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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Panamanian Balboa (FOREX:USDPAB)
Sidelines Mode (+55) - USDPAB 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 USDPAB?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDPAB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDPAB
The long-term trend has been UP since Apr 30th, 2024 at 1.0059713
The intermediate-term trend has been DOWN since Jul 14th, 2024 at 0.9982014
The short-term trend has been UP since Jul 16th, 2024 at 0.9998625
Smart Scan Analysis for USDPAB
Based on our trend formula, USDPAB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9994755 | 0.9994755 | 0.9994755 | 0.9994755 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0002675 | 2024-07-23 07:26:06 |