Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
US Dollar/Panamanian Balboa (FOREX:USDPAB)
Bear Market Rally (-75) - USDPAB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDPAB as it may be in the beginning of a reversal.
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 Mar 16th, 2020 at 1.0000320
The short-term trend has been UP since Mar 31st, 2020 at 1.0000465
Smart Scan Analysis for USDPAB
Based on our trend formula, USDPAB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).