Forex Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Macau Pataca/US Dollar (FOREX:MOPUSD)
Strong Downtrend (-100) - MOPUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MOPUSD continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for MOPUSD
The long-term trend has been DOWN since Jul 27th, 2023 at 0.12311105
The intermediate-term trend has been DOWN since Dec 4th, 2023 at 0.12429913
The short-term trend has been DOWN since Dec 4th, 2023 at 0.12467626
Smart Scan Analysis for MOPUSD
Based on our trend formula, MOPUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).