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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 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.
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MarketClub’s Trade Triangles for EURMOP
The long-term trend has been DOWN since Oct 20th, 2024 at 8.6883
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 8.9083
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.453 | 8.453 | 8.453 | 8.453 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.462 | 2024-11-18 21:06:10 |