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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
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, USDPAB 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.
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MarketClub’s Trade Triangles for USDPAB
The long-term trend has been DOWN since Oct 24th, 2022 at 0.9959089
The intermediate-term trend has been DOWN since Mar 18th, 2023 at 0.9942962
The short-term trend has been DOWN since Mar 8th, 2023 at 0.9999389
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9860396 | 0.9860396 | 0.9860396 | 0.9860396 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9860396 | 2023-03-18 03:55:50 |