Forex Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
Macau Pataca/US Dollar (FOREX:MOPUSD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MOPUSD
The long term trend has been UP since Nov 6th, 2018 at 0.124620
The intermediate term trend has been DOWN since Nov 20th, 2018 at 0.123445
The short term trend has been DOWN since Dec 11th, 2018 at 0.123845
Smart Scan Analysis for MOPUSD
Based on a pre-defined weighted trend formula for chart analysis, MOPUSD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).