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Forex Trend Analysis Report

Prepared for you on Tuesday, October 8, 2024.

Euro/Macau Pataca (FOREX:EURMOP)

Weak Downtrend (-65) - EURMOP is showing signs of a strengthening downtrend. Monitor EURMOP as it may be building momentum to the downside.

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
8.8186 8.8186 8.8186 8.8186 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMOP

long term up The long-term trend has been UP since Jul 15th, 2024 at 8.7672

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 -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.8186 8.8186 8.8186 8.8186 0.0000
Prev. Close Volume Bid Ask Time
8.8186 2024-10-05 07:23:02
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