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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Euro/Macau Pataca (FOREX:EURMOP)
Long-Term Downtrend (-90) - EURMOP is in a strong downtrend that is likely to continue. While EURMOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for EURMOP
The long-term trend has been DOWN since Apr 2nd, 2024 at 8.6653
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 8.7235
The short-term trend has been DOWN since Apr 21st, 2024 at 8.7367
Smart Scan Analysis for EURMOP
Based on our trend formula, EURMOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.6236 | 8.6236 | 8.6236 | 8.6236 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.6236 | 2024-04-24 21:01:02 |