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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

British Pound/Macau Pataca (FOREX:GBPMOP)

Countertrend Up (+85) - GBPMOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
10.650558 10.650558 10.618296 10.618296 -0.032262
Entry Signal

MarketClub’s Trade Triangles for GBPMOP

long term up The long-term trend has been UP since Jul 29th, 2020 at 10.194466

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 10.498572

short term up The short-term trend has been UP since Nov 3rd, 2020 at 10.368953

Smart Scan Analysis for GBPMOP

Based on our trend formula, GBPMOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.650558 10.650558 10.618296 10.618296 -0.032262
Prev. Close Volume Bid Ask Time
10.726518 2020-12-02 21:02:57
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