Forex Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
British Pound/Macau Pataca (FOREX:GBPMOP)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for GBPMOP
The long term trend has been DOWN since May 19th, 2019 at 10.36250
The intermediate term trend has been DOWN since May 15th, 2019 at 10.42700
The short term trend has been DOWN since Jul 2nd, 2019 at 10.19205
Smart Scan Analysis for GBPMOP
Based on a pre-defined weighted trend formula for chart analysis, GBPMOP scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).