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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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.

FOREX_MOPUSD
Open High Low MOPUSD Price Change
0.12413838 0.12413838 0.12413838 0.12413838 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MOPUSD

long term down The long-term trend has been DOWN since Jul 27th, 2023 at 0.12311105

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 0.12396413

short term up The short-term trend has been UP since Mar 19th, 2024 at 0.12422005

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).

-75
Smart Scan Analysis for MOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12413838 0.12413838 0.12413838 0.12413838 0.00000000
Prev. Close Volume Bid Ask Time
0.12413838 2024-03-28 02:42:06
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