Forex Trend Analysis Report
Prepared for you on Monday, April 19, 2021.
US Dollar/Macau Pataca (FOREX:USDMOP)
Countertrend Up (+85) - USDMOP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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.
MarketClub’s Trade Triangles for USDMOP
The long-term trend has been UP since Dec 22nd, 2020 at 8.008021
The intermediate-term trend has been UP since Apr 7th, 2021 at 8.010420
The short-term trend has been UP since Apr 5th, 2021 at 8.007501
Smart Scan Analysis for USDMOP
Based on our trend formula, USDMOP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).