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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.

FOREX_EURMOP
Open High Low EURMOP Price Change
9.3703 9.3769 9.3703 9.3769 +0.0066
Entry Signal

MarketClub’s Trade Triangles for EURMOP

long term up The long-term trend has been UP since Jun 10th, 2020 at 9.0716

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 8.6823

short term up 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).

+80
Smart Scan Analysis for EURMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.3703 9.3769 9.3703 9.3769 +0.0066
Prev. Close Volume Bid Ask Time
9.3703 9.1769 9.5769 2020-07-29 07:32:01
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