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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

British Pound/Macau Pataca (FOREX:GBPMOP)

Weak Uptrend (+65) - GBPMOP is showing signs of weakening momentum to the upside. Monitor GBPMOP as it may be in the beginning stages of a reversal.

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
10.263915 10.282483 10.263915 10.276346 +0.012431
Entry Signal

MarketClub’s Trade Triangles for GBPMOP

long term up The long-term trend has been UP since Dec 4th, 2023 at 10.197172

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 10.198226

short term down The short-term trend has been DOWN since Mar 17th, 2024 at 10.271469

Smart Scan Analysis for GBPMOP

Based on our trend formula, GBPMOP is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for GBPMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.263915 10.282483 10.263915 10.276346 +0.012431
Prev. Close Volume Bid Ask Time
10.263915 2024-03-18 22:07:02
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