Forex Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
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.
MarketClub’s Trade Triangles for USDPAB
The long-term trend has been DOWN since Jan 12th, 2022 at 0.9958462
The intermediate-term trend has been DOWN since Jan 12th, 2022 at 0.9964027
The short-term trend has been DOWN since Jan 12th, 2022 at 0.9995922
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).