Forex Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
US Dollar/Panamanian Balboa (FOREX:USDPAB)
Strong Downtrend (-100) - USDPAB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for USDPAB
The long-term trend has been DOWN since Mar 29th, 2020 at 0.9962912
The intermediate-term trend has been DOWN since Jul 21st, 2020 at 0.9978992
The short-term trend has been DOWN since Jul 21st, 2020 at 0.9985370
Smart Scan Analysis for USDPAB
Based on our trend formula, USDPAB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).