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Forex Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
British Pound/Macau Pataca (FOREX:GBPMOP)
Long-Term Downtrend (-90) - GBPMOP is in a strong downtrend that is likely to continue. While GBPMOP 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 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.
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MarketClub’s Trade Triangles for GBPMOP
The long-term trend has been DOWN since Nov 18th, 2024 at 10.175571
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 10.542991
The short-term trend has been DOWN since Sep 4th, 2024 at 10.548258
Smart Scan Analysis for GBPMOP
Based on our trend formula, GBPMOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.123960 | 10.123960 | 10.116024 | 10.116024 | -0.007936 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.153281 | 2024-11-18 21:06:10 |