Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Macau Pataca/US Dollar (FOREX:MOPUSD)
Bear Market Rally (-75) - MOPUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MOPUSD as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MOPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MOPUSD.
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 MOPUSD
The long-term trend has been DOWN since Jul 27th, 2023 at 0.12311105
The intermediate-term trend has been UP since May 2nd, 2024 at 0.12435936
The short-term trend has been DOWN since May 7th, 2024 at 0.12435127
Smart Scan Analysis for MOPUSD
Based on our trend formula, MOPUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.12418478 | 0.12418478 | 0.12418478 | 0.12418478 | 0.00000000 |
Prev. Close | Volume | Bid | Ask | Time |
0.12418478 | 2024-05-08 21:02:47 |