Forex Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Macau Pataca/US Dollar (FOREX:MOPUSD)
Crossroads (-60) - MOPUSD is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for MOPUSD
The long-term trend has been DOWN since Sep 12th, 2021 at 0.12463894
The intermediate-term trend has been UP since Jun 26th, 2022 at 0.12381721
The short-term trend has been UP since Jun 26th, 2022 at 0.12377229
Smart Scan Analysis for MOPUSD
Based on our trend formula, MOPUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).