Forex Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
US Dollar/Macau Pataca (FOREX:USDMOP)
Strong Downtrend (-100) - USDMOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, USDMOP continues to fall. Traders should use caution 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.
MarketClub’s Trade Triangles for USDMOP
The long-term trend has been DOWN since Sep 15th, 2022 at 8.070455
The intermediate-term trend has been DOWN since Mar 14th, 2023 at 8.079782
The short-term trend has been DOWN since Feb 23rd, 2023 at 8.080773
Smart Scan Analysis for USDMOP
Based on our trend formula, USDMOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).