Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Macau Pataca/US Dollar (FOREX:MOPUSD)
Countertrend Up (+85) - MOPUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for MOPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MOPUSD
The long-term trend has been UP since Dec 24th, 2019 at 0.12472000
The intermediate-term trend has been UP since Dec 3rd, 2019 at 0.12414689
The short-term trend has been DOWN since Feb 4th, 2020 at 0.12506075
Smart Scan Analysis for MOPUSD
Based on our trend formula, MOPUSD is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).