Forex Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
US Dollar/Panamanian Balboa (FOREX:USDPAB)
Weak Downtrend (-65) - USDPAB is showing signs of a strengthening downtrend. Monitor USDPAB as it may be building momentum to the downside.
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 Aug 15th, 2021 at 0.9967615
The intermediate-term trend has been UP since Sep 16th, 2021 at 1.0001263
The short-term trend has been DOWN since Sep 29th, 2021 at 1.0005902
Smart Scan Analysis for USDPAB
Based on our trend formula, USDPAB is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).