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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Panamanian Balboa (FOREX:USDPAB)
Countertrend Up (+85) - USDPAB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Nov 9th, 2024 at 1.0044850
The intermediate-term trend has been UP since Nov 9th, 2024 at 1.0008044
The short-term trend has been UP since Nov 9th, 2024 at 1.0008044
Smart Scan Analysis for USDPAB
Based on our trend formula, USDPAB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0056418 | 1.0056418 | 1.0056418 | 1.0056418 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0029871 | 2024-11-09 14:52:02 |