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Forex Trend Analysis Report

Prepared for you on Friday, July 19, 2024.

Macau Pataca/US Dollar (FOREX:MOPUSD)

Crossroads (-60) - MOPUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.1239473 0.1239473 0.1239473 0.1239473 0.0000000
Entry Signal

MarketClub’s Trade Triangles for MOPUSD

long term up The long-term trend has been UP since Jun 12th, 2024 at 0.12482850

intermediate term down The intermediate-term trend has been DOWN since Jul 18th, 2024 at 0.12421637

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 0.12445419

Smart Scan Analysis for MOPUSD

Based on our trend formula, MOPUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MOPUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1239473 0.1239473 0.1239473 0.1239473 0.0000000
Prev. Close Volume Bid Ask Time
0.1244333 2024-07-18 21:03:18
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