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Forex Trend Analysis Report

Prepared for you on Friday, October 30, 2020.

Macau Pataca/Euro (FOREX:MOPEUR)

Sidelines Mode (+50) - MOPEUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MOPEUR can gain momentum.

Is it time to buy, sell, or avoid MOPEUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MOPEUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MOPEUR
Open High Low MOPEUR Price Change
0.10732252 0.10732252 0.10732252 0.10732252 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MOPEUR

long term down The long-term trend has been DOWN since Jul 9th, 2020 at 0.11084547

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2020 at 0.10695618

short term up The short-term trend has been UP since Oct 29th, 2020 at 0.10695618

Smart Scan Analysis for MOPEUR

Based on our trend formula, MOPEUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for MOPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.10732252 0.10732252 0.10732252 0.10732252 0.00000000
Prev. Close Volume Bid Ask Time
0.10732252 2020-10-30 08:14:52
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