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Forex Trend Analysis Report

Prepared for you on Wednesday, February 26, 2020.

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.

FOREX_GBPMOP
Open High Low GBPMOP Price Change
10.401244 10.401244 10.401244 10.401244 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPMOP

long term down The long-term trend has been DOWN since Feb 9th, 2020 at 10.324655

intermediate term down The intermediate-term trend has been DOWN since Dec 24th, 2019 at 10.456489

short term down The short-term trend has been DOWN since Feb 19th, 2020 at 10.410027

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).

-90
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.401244 10.401244 10.401244 10.401244 0.000000
Prev. Close Volume Bid Ask Time
10.401244 10.162017 10.640471 2020-02-25 07:23:08
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