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Forex Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

British Pound/Panamanian Balboa (FOREX:GBPPAB)

Strong Downtrend (-100) - GBPPAB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPPAB continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid GBPPAB?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPPAB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPPAB
Open High Low GBPPAB Price Change
1.3381941 1.3381941 1.3381941 1.3381941 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPPAB

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 1.3769030

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2022 at 1.3487312

short term down The short-term trend has been DOWN since Jan 27th, 2022 at 1.3487312

Smart Scan Analysis for GBPPAB

Based on our trend formula, GBPPAB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for GBPPAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3381941 1.3381941 1.3381941 1.3381941 0.0000000
Prev. Close Volume Bid Ask Time
1.3381941 2022-01-27 07:08:18
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