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Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
British Pound/Macau Pataca (FOREX:GBPMOP)
Strong Downtrend (-100) - GBPMOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPMOP continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPMOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMOP.
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 GBPMOP
The long-term trend has been DOWN since Apr 21st, 2024 at 10.112559
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 10.189219
The short-term trend has been DOWN since May 8th, 2024 at 10.077967
Smart Scan Analysis for GBPMOP
Based on our trend formula, GBPMOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.031572 | 10.031572 | 10.031572 | 10.031572 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.031572 | 2024-05-09 07:26:26 |