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Forex Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
US Dollar/Panamanian Balboa (FOREX:USDPAB)
Long-Term Downtrend (-90) - USDPAB is in a strong downtrend that is likely to continue. While USDPAB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for USDPAB
The long-term trend has been DOWN since Apr 3rd, 2024 at 0.9950721
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 0.9986792
The short-term trend has been DOWN since Mar 18th, 2024 at 0.9999452
Smart Scan Analysis for USDPAB
Based on our trend formula, USDPAB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.9997659 | 0.9997659 | 0.9997659 | 0.9997659 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.9997659 | 2024-04-18 07:26:28 |