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Forex Trend Analysis Report

Prepared for you on Saturday, August 15, 2020.

British Pound/Macau Pataca (FOREX:GBPMOP)

Countertrend Up (+85) - GBPMOP 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 GBPMOP?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMOP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMOP
Open High Low GBPMOP Price Change
10.334909 10.364480 10.334909 10.364480 +0.029571
Entry Signal

MarketClub’s Trade Triangles for GBPMOP

long term up The long-term trend has been UP since Jul 29th, 2020 at 10.194466

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2020 at 10.001441

short term up The short-term trend has been UP since Jul 29th, 2020 at 10.081945

Smart Scan Analysis for GBPMOP

Based on our trend formula, GBPMOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.334909 10.364480 10.334909 10.364480 +0.029571
Prev. Close Volume Bid Ask Time
10.440044 10.143415 10.585544 2020-07-29 07:32:01
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