Forex Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
Euro/Macau Pataca (FOREX:EURMOP)
Countertrend Up (+85) - EURMOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid EURMOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURMOP
The long-term trend has been UP since Jun 10th, 2020 at 9.0716
The intermediate-term trend has been UP since May 19th, 2020 at 8.6823
The short-term trend has been UP since Jul 6th, 2020 at 8.9679
Smart Scan Analysis for EURMOP
Based on our trend formula, EURMOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).