Forex Trend Analysis Report
Prepared for you on Wednesday, March 3, 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 UP since Dec 22nd, 2020 at 1.0052059
The intermediate-term trend has been DOWN since Jan 26th, 2021 at 0.9996625
The short-term trend has been DOWN since Feb 14th, 2021 at 1.0000289
Smart Scan Analysis for USDPAB
Based on our trend formula, USDPAB is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).