Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
US Dollar/Macau Pataca (FOREX:USDMOP)
Sidelines Mode (+55) - USDMOP 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 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.
MarketClub’s Trade Triangles for USDMOP
The long-term trend has been UP since Dec 22nd, 2020 at 8.008021
The intermediate-term trend has been UP since Feb 17th, 2021 at 7.989305
The short-term trend has been DOWN since Feb 25th, 2021 at 7.984633
Smart Scan Analysis for USDMOP
Based on our trend formula, USDMOP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).