Forex Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
British Pound/Macau Pataca (FOREX:GBPMOP)
Strong Downtrend (-100) - GBPMOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPMOP continues to fall. 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.
MarketClub’s Trade Triangles for GBPMOP
The long-term trend has been DOWN since Jul 2nd, 2021 at 11.005137
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 10.105231
The short-term trend has been DOWN since Jun 9th, 2022 at 10.137058
Smart Scan Analysis for GBPMOP
Based on our trend formula, GBPMOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).