Forex Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
Macau Pataca/US Dollar (FOREX:MOPUSD)
Long-Term Downtrend (-90) - MOPUSD is in a strong downtrend that is likely to continue. While MOPUSD 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 MOPUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MOPUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MOPUSD
The long-term trend has been DOWN since Dec 22nd, 2020 at 0.12493202
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 0.12489364
The short-term trend has been DOWN since Apr 5th, 2021 at 0.12493954
Smart Scan Analysis for MOPUSD
Based on our trend formula, MOPUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).