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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.

FOREX_USDMOP
Open High Low USDMOP Price Change
8.006794 8.028537 8.006794 8.028537 +0.021743
Entry Signal

MarketClub’s Trade Triangles for USDMOP

long term up The long-term trend has been UP since Dec 22nd, 2020 at 8.008021

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 8.010420

short term up 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).

+80
Smart Scan Analysis for USDMOP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.006794 8.028537 8.006794 8.028537 +0.021743
Prev. Close Volume Bid Ask Time
8.006794 2021-04-18 22:47:10
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