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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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.

FOREX_GBPMOP
Open High Low GBPMOP Price Change
10.346695 10.346695 10.343385 10.343385 -0.003310
Entry Signal

MarketClub’s Trade Triangles for GBPMOP

long term up The long-term trend has been UP since Jun 10th, 2024 at 10.338619

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 10.254464

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 10.426421

Smart Scan Analysis for GBPMOP

Based on our trend formula, GBPMOP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.346695 10.346695 10.343385 10.343385 -0.003310
Prev. Close Volume Bid Ask Time
10.346695 2024-07-26 14:00:13
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