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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

Euro/Macau Pataca (FOREX:EURMOP)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

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
9.0296 9.0296 9.0296 9.0296 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 up The short term trend has been UP since Jul 15th, 2019 at 9.0801

Smart Scan Analysis for EURMOP

Based on a pre-defined weighted trend formula for chart analysis, EURMOP scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for EURMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.0296 9.0296 9.0296 9.0296 0.0000
Prev. Close Volume Bid Ask Time
9.0296 8.8296 9.2296 2019-07-17 20:59:55
Want to analyze Euro/Macau Pataca EURMOP or another symbol? Try our Free Forex Trend Analysis Report.