Forex Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
British Pound/Macau Pataca (FOREX:GBPMOP)
Bull Market Weakness (+75) - GBPMOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPMOP as it may be in the beginning stages of a reversal.
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 Dec 4th, 2023 at 10.197172
The intermediate-term trend has been UP since Nov 6th, 2023 at 9.812354
The short-term trend has been UP since Oct 31st, 2023 at 9.771675
Smart Scan Analysis for GBPMOP
Based on our trend formula, GBPMOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).