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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Macau Pataca/Euro (FOREX:MOPEUR)

Long-Term Downtrend (-90) - MOPEUR is in a strong downtrend that is likely to continue. While MOPEUR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
0.11641246 0.11641246 0.11641246 0.11641246 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MOPEUR

long term down The long-term trend has been DOWN since Nov 28th, 2022 at 0.11978470

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2023 at 0.11612436

short term down The short-term trend has been DOWN since Mar 14th, 2023 at 0.11612436

Smart Scan Analysis for MOPEUR

Based on our trend formula, MOPEUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MOPEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.11641246 0.11641246 0.11641246 0.11641246 0.00000000
Prev. Close Volume Bid Ask Time
0.11641246 2023-03-18 03:55:51
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