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Forex Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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.

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FOREX_USDPAB
Open High Low USDPAB Price Change
0.9988001 0.9988001 0.9988001 0.9988001 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDPAB

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 0.9950721

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 0.9986792

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 0.9999452

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).

-100
Smart Scan Analysis for USDPAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9988001 0.9988001 0.9988001 0.9988001 0.0000000
Prev. Close Volume Bid Ask Time
0.9988001 2024-04-23 07:26:24
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