Forex Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
British Pound/Macau Pataca (FOREX:GBPMOP)
Sidelines Mode (+50) - GBPMOP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPMOP can gain momentum.
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.
MarketClub’s Trade Triangles for GBPMOP
The long-term trend has been DOWN since Jul 2nd, 2021 at 11.005137
The intermediate-term trend has been UP since May 23rd, 2022 at 10.161174
The short-term trend has been UP since May 22nd, 2022 at 10.121457
Smart Scan Analysis for GBPMOP
Based on our trend formula, GBPMOP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).