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Forex Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
US Dollar/Macau Pataca (FOREX:USDMOP)
Bull Market Weakness (+75) - USDMOP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDMOP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDMOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for USDMOP
The long-term trend has been UP since Sep 12th, 2021 at 8.026579
The intermediate-term trend has been UP since Aug 7th, 2022 at 8.106937
The short-term trend has been UP since Aug 7th, 2022 at 8.106937
Smart Scan Analysis for USDMOP
Based on our trend formula, USDMOP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.079136 | 8.079136 | 8.079136 | 8.079136 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.079136 | 2022-08-11 07:19:09 |