Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

Euro/Macau Pataca (FOREX:EURMOP)

Countertrend Down (-85) - EURMOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

FOREX_EURMOP
Open High Low EURMOP Price Change
8.6957 8.6957 8.6957 8.6957 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMOP

long term down The long-term trend has been DOWN since May 7th, 2018 at 9.7718

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2020 at 8.8824

short term up The short-term trend has been UP since Feb 25th, 2020 at 8.6715

Smart Scan Analysis for EURMOP

Based on our trend formula, EURMOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.6957 8.6957 8.6957 8.6957 0.0000
Prev. Close Volume Bid Ask Time
8.6957 8.4957 8.8957 2020-02-25 07:23:08
Get a free daily analysis and signals for Euro/Macau Pataca (EURMOP) - Request Your Free Report.