Forex Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
US Dollar/Macau Pataca (FOREX:USDMOP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 USDMOP
The long term trend has been DOWN since Nov 6th, 2018 at 8.02805
The intermediate term trend has been UP since Nov 20th, 2018 at 8.10465
The short term trend has been UP since Dec 11th, 2018 at 8.07845
Smart Scan Analysis for USDMOP
Based on a pre-defined weighted trend formula for chart analysis, USDMOP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).