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Forex Trend Analysis Report

Prepared for you on Wednesday, September 18, 2019.

Euro/Macau Pataca (FOREX:EURMOP)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURMOP
Open High Low EURMOP Price Change
8.8836 8.8836 8.8836 8.8836 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURMOP

long term down The long term trend has been DOWN since May 7th, 2018 at 9.7718

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2019 at 9.0327

short term down The short term trend has been DOWN since Sep 17th, 2019 at 8.8884

Smart Scan Analysis for EURMOP

Based on a pre-defined weighted trend formula for chart analysis, EURMOP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for EURMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.8836 8.8836 8.8836 8.8836 0.0000
Prev. Close Volume Bid Ask Time
8.8836 8.6836 9.0836 2019-09-17 20:08:35
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