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Forex Trend Analysis Report

Prepared for you on Monday, October 21, 2019.

US Dollar/Macau Pataca (FOREX:USDMOP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_USDMOP
Open High Low USDMOP Price Change
8.074054 8.074054 8.070462 8.070462 -0.003592
Entry Signal

MarketClub’s Trade Triangles for USDMOP

long term up The long term trend has been UP since Aug 15th, 2019 at 8.10385

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 8.06710

short term down The short term trend has been DOWN since Oct 17th, 2019 at 8.07580

Smart Scan Analysis for USDMOP

Based on a pre-defined weighted trend formula for chart analysis, USDMOP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.074054 8.074054 8.070462 8.070462 -0.003592
Prev. Close Volume Bid Ask Time
8.074054 7.890711 8.250213 2019-10-17 20:06:21
Want to analyze US Dollar/Macau Pataca USDMOP or another symbol? Try our Free Forex Trend Analysis Report.