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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

British Pound/Macau Pataca (FOREX:GBPMOP)

Long-Term Downtrend (-90) - GBPMOP is in a strong downtrend that is likely to continue. While GBPMOP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
10.088457 10.088457 10.088457 10.088457 0.000000
Entry Signal

MarketClub’s Trade Triangles for GBPMOP

long term down The long-term trend has been DOWN since Apr 21st, 2024 at 10.112559

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 10.189219

short term down The short-term trend has been DOWN since Apr 21st, 2024 at 10.183248

Smart Scan Analysis for GBPMOP

Based on our trend formula, GBPMOP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.088457 10.088457 10.088457 10.088457 0.000000
Prev. Close Volume Bid Ask Time
10.088457 2024-04-26 07:26:04
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