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Forex Trend Analysis Report

Prepared for you on Monday, May 10, 2021.

British Pound/Panamanian Balboa (FOREX:GBPPAB)

Sidelines Mode (+55) - GBPPAB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1.4105151 1.4105151 1.4105151 1.4105151 0.0000000
Entry Signal

MarketClub’s Trade Triangles for GBPPAB

long term up The long-term trend has been UP since Jul 9th, 2020 at 1.2639331

intermediate term down The intermediate-term trend has been DOWN since Mar 7th, 2021 at 1.3863949

short term up The short-term trend has been UP since Apr 18th, 2021 at 1.3833825

Smart Scan Analysis for GBPPAB

Based on our trend formula, GBPPAB is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPPAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4105151 1.4105151 1.4105151 1.4105151 0.0000000
Prev. Close Volume Bid Ask Time
1.4105151 2021-05-10 07:27:37
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