Forex Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
Macau Pataca/US Dollar (FOREX:MOPUSD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
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 MOPUSD
The long term trend has been UP since Jan 9th, 2019 at 0.124920
The intermediate term trend has been UP since Jan 3rd, 2019 at 0.124570
The short term trend has been DOWN since Feb 19th, 2019 at 0.123785
Smart Scan Analysis for MOPUSD
Based on a pre-defined weighted trend formula for chart analysis, MOPUSD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).