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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.

FOREX_MOPUSD
Open High Low MOPUSD Price Change
0.12494824 0.12494824 0.12460985 0.12460985 -0.00033800
Entry Signal

MarketClub’s Trade Triangles for MOPUSD

long term down The long-term trend has been DOWN since Dec 22nd, 2020 at 0.12493202

intermediate term down The intermediate-term trend has been DOWN since Apr 7th, 2021 at 0.12489364

short term down 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).

-90
Smart Scan Analysis for MOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12494824 0.12494824 0.12460985 0.12460985 -0.00033800
Prev. Close Volume Bid Ask Time
0.12510372 2021-04-18 22:47:10
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