Forex Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
British Pound/Macau Pataca (FOREX:GBPMOP)
Countertrend Up (+85) - GBPMOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GBPMOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GBPMOP
The long-term trend has been UP since Jul 29th, 2020 at 10.194466
The intermediate-term trend has been UP since Nov 9th, 2020 at 10.498572
The short-term trend has been UP since Nov 3rd, 2020 at 10.368953
Smart Scan Analysis for GBPMOP
Based on our trend formula, GBPMOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).