Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Euro/Macau Pataca (FOREX:EURMOP)
Crossroads (-60) - EURMOP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for EURMOP
The long-term trend has been DOWN since Apr 5th, 2020 at 8.6378
The intermediate-term trend has been UP since May 19th, 2020 at 8.6823
The short-term trend has been UP since May 19th, 2020 at 8.6320
Smart Scan Analysis for EURMOP
Based on our trend formula, EURMOP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).