Forex Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Macau Pataca/Euro (FOREX:MOPEUR)
Sidelines Mode (+55) - MOPEUR 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 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 UP since Aug 9th, 2021 at 0.10615536
The intermediate-term trend has been UP since Sep 22nd, 2021 at 0.10604724
The short-term trend has been DOWN since Oct 14th, 2021 at 0.10792860
Smart Scan Analysis for MOPEUR
Based on our trend formula, MOPEUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).