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Forex Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
Panamanian Balboa/US Dollar (FOREX:PABUSD)
Bear Market Rally (-75) - PABUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on PABUSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid PABUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for PABUSD.
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 PABUSD
The long-term trend has been DOWN since Aug 13th, 2023 at 0.9974174
The intermediate-term trend has been UP since Aug 23rd, 2023 at 1.0018213
The short-term trend has been DOWN since Sep 4th, 2023 at 0.9999338
Smart Scan Analysis for PABUSD
Based on our trend formula, PABUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9999689 | 0.9999689 | 0.9999689 | 0.9999689 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9999689 | 2023-09-21 07:28:04 |