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Forex Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Macau Pataca/Euro (FOREX:MOPEUR)

Crossroads (+60) - MOPEUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MOPEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MOPEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MOPEUR
Open High Low MOPEUR Price Change
0.11559653 0.11559653 0.11559653 0.11559653 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MOPEUR

long term up The long-term trend has been UP since Apr 2nd, 2024 at 0.11546432

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 0.11566074

short term down The short-term trend has been DOWN since May 3rd, 2024 at 0.11576658

Smart Scan Analysis for MOPEUR

Based on our trend formula, MOPEUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MOPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11559653 0.11559653 0.11559653 0.11559653 0.00000000
Prev. Close Volume Bid Ask Time
0.11559653 2024-05-08 21:02:47
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