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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

US Dollar/Macau Pataca (FOREX:USDMOP)

Countertrend Down (-85) - USDMOP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

FOREX_USDMOP
Open High Low USDMOP Price Change
7.979872 7.979872 7.979872 7.979872 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDMOP

long term down The long-term trend has been DOWN since Dec 24th, 2019 at 8.022000

intermediate term down The intermediate-term trend has been DOWN since May 18th, 2020 at 7.930127

short term up The short-term trend has been UP since May 19th, 2020 at 7.984091

Smart Scan Analysis for USDMOP

Based on our trend formula, USDMOP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for USDMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.979872 7.979872 7.979872 7.979872 0.000000
Prev. Close Volume Bid Ask Time
7.972019 7.796557 8.163187 2020-05-25 21:04:35
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