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Forex Trend Analysis Report

Prepared for you on Tuesday, March 9, 2021.

British Pound/Macau Pataca (FOREX:GBPMOP)

Sidelines Mode (+55) - GBPMOP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
11.080645 11.080645 11.080645 11.080645 0.000000
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 down The short-term trend has been DOWN since Mar 1st, 2021 at 11.276314

Smart Scan Analysis for GBPMOP

Based on our trend formula, GBPMOP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.080645 11.080645 11.080645 11.080645 0.000000
Prev. Close Volume Bid Ask Time
11.075113 2021-03-07 21:00:28
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