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Forex Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

US Dollar/Panamanian Balboa (FOREX:USDPAB)

Countertrend Up (+85) - USDPAB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_USDPAB
Open High Low USDPAB Price Change
1.0049959 1.0049959 1.0049959 1.0049959 0.0000000
Entry Signal

MarketClub’s Trade Triangles for USDPAB

long term up The long-term trend has been UP since Dec 22nd, 2020 at 1.0052059

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 1.0022247

short term up The short-term trend has been UP since Apr 6th, 2021 at 0.9997019

Smart Scan Analysis for USDPAB

Based on our trend formula, USDPAB is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDPAB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0049959 1.0049959 1.0049959 1.0049959 0.0000000
Prev. Close Volume Bid Ask Time
1.0049959 2021-05-01 03:02:36
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