Forex Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
Euro/Mauritius Rupee (FOREX:EURMUR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for EURMUR
The long term trend has been UP since May 16th, 2017 at 38.59
The intermediate term trend has been UP since Feb 23rd, 2018 at 40.67
The short term trend has been UP since Apr 23rd, 2018 at 41.84
Smart Scan Analysis for EURMUR
Based on a pre-defined weighted trend formula for chart analysis, EURMUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).