True or false: Balanced forces can change an object's direction?

False

Explanation:

As per Newton's first law of motion, an object will not change its state of motion until an external unbalanced force is applied on it.

If a balanced force is applied on an object there will be no change in state of motion. Take for example a box. One person moves it to left with force F and another person moves it to the right with same force F. The box will not move. But if the two forces are not equal then a net force will be acting on the box and it will move and its direction will be changed.

The statement is false. Balanced forces can NOT change the speed OR direction of an object's motion. (See Newton's #1 law of motion.)