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Forex Trend Analysis Report

Prepared for you on Saturday, April 13, 2024.

British Pound/Macau Pataca (FOREX:GBPMOP)

Sidelines Mode (-55) - GBPMOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_GBPMOP
Open High Low GBPMOP Price Change
10.232493 10.232493 10.232493 10.232493 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPMOP

long term up The long-term trend has been UP since Dec 4th, 2023 at 10.197172

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 10.189219

short term up The short-term trend has been UP since Apr 5th, 2024 at 10.179437

Smart Scan Analysis for GBPMOP

Based on our trend formula, GBPMOP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.232493 10.232493 10.232493 10.232493 0.000000
Prev. Close Volume Bid Ask Time
10.136140 2024-04-09 07:25:47
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