Analyze Symbol
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.
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MarketClub’s Trade Triangles for USDMOP
The long term trend has been UP since Aug 15th, 2019 at 8.10385
The intermediate term trend has been DOWN since Sep 9th, 2019 at 8.06710
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).
| 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 |