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.
MarketClub’s Trade Triangles for MOPEUR
The long-term trend has been DOWN since Jul 9th, 2020 at 0.11084547
The intermediate-term trend has been UP since Oct 29th, 2020 at 0.10695618
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).