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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Euro/Macau Pataca (FOREX:EURMOP)

Countertrend Up (+85) - EURMOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
9.6223 9.6223 9.6223 9.6223 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMOP

long term up The long-term trend has been UP since Nov 27th, 2020 at 9.5001

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 9.4663

short term up The short-term trend has been UP since Nov 4th, 2020 at 9.3445

Smart Scan Analysis for EURMOP

Based on our trend formula, EURMOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.6223 9.6223 9.6223 9.6223 0.0000
Prev. Close Volume Bid Ask Time
9.6839 2020-12-02 21:02:57
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