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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Macau Pataca/US Dollar (FOREX:MOPUSD)

Sidelines Mode (+55) - MOPUSD 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 MOPUSD?

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.

FOREX_MOPUSD
Open High Low MOPUSD Price Change
0.12538146 0.12538146 0.12538146 0.12538146 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MOPUSD

long term up The long-term trend has been UP since Dec 24th, 2019 at 0.12472000

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 0.12616833

short term down The short-term trend has been DOWN since May 19th, 2020 at 0.12531635

Smart Scan Analysis for MOPUSD

Based on our trend formula, MOPUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12538146 0.12538146 0.12538146 0.12538146 0.00000000
Prev. Close Volume Bid Ask Time
0.12550437 0.12250118 0.12826174 2020-05-25 21:04:35
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