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Forex Trend Analysis Report

Prepared for you on Wednesday, October 16, 2019.

Macau Pataca/US Dollar (FOREX:MOPUSD)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

FOREX_MOPUSD
Open High Low MOPUSD Price Change
0.123849 0.123849 0.123849 0.123849 0.000000
Entry Signal

MarketClub’s Trade Triangles for MOPUSD

long term down The long term trend has been DOWN since Aug 15th, 2019 at 0.12346

intermediate term up The intermediate term trend has been UP since Sep 9th, 2019 at 0.12402

short term down The short term trend has been DOWN since Sep 25th, 2019 at 0.12373

Smart Scan Analysis for MOPUSD

Based on a pre-defined weighted trend formula for chart analysis, MOPUSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for MOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.123849 0.123849 0.123849 0.123849 0.000000
Prev. Close Volume Bid Ask Time
0.123849 0.121071 0.126628 2019-10-13 05:44:57
Want to analyze Macau Pataca/US Dollar MOPUSD or another symbol? Try our Free Forex Trend Analysis Report.