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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

British Pound/Macau Pataca (FOREX:GBPMOP)

Countertrend Down (-85) - GBPMOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
9.796119 9.796119 9.796119 9.796119 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 May 14th, 2020 at 9.789320

short term up The short-term trend has been UP since May 19th, 2020 at 9.746189

Smart Scan Analysis for GBPMOP

Based on our trend formula, GBPMOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.796119 9.796119 9.796119 9.796119 0.000000
Prev. Close Volume Bid Ask Time
9.735960 9.572749 10.019489 2020-05-21 21:08:19
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