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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Euro/Macau Pataca (FOREX:EURMOP)

Strong Downtrend (-100) - EURMOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURMOP continues to fall. 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.

FOREX_EURMOP
Open High Low EURMOP Price Change
8.3192 8.3192 8.3192 8.3192 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMOP

long term down The long-term trend has been DOWN since Oct 20th, 2024 at 8.6883

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 8.9083

short term down The short-term trend has been DOWN since Oct 4th, 2024 at 8.8785

Smart Scan Analysis for EURMOP

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

-100
Smart Scan Analysis for EURMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.3192 8.3192 8.3192 8.3192 0.0000
Prev. Close Volume Bid Ask Time
8.3158 2024-12-21 08:23:55
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