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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Macau Pataca (FOREX:USDMOP)
Bear Market Rally (-75) - USDMOP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on USDMOP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid USDMOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDMOP
The long-term trend has been DOWN since Jun 12th, 2024 at 8.015235
The intermediate-term trend has been UP since Jul 18th, 2024 at 8.054717
The short-term trend has been DOWN since Jul 23rd, 2024 at 8.040863
Smart Scan Analysis for USDMOP
Based on our trend formula, USDMOP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.040028 | 8.040028 | 8.037659 | 8.037659 | -0.002369 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.040028 | 2024-07-26 14:00:13 |