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Forex Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

Mauritanian Ouguiya/US Dollar (FOREX:MROUSD)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

FOREX_MROUSD
Open High Low MROUSD Price Change
0.00274 0.00274 0.00274 0.00274 0.00000
Entry Signal

MarketClub’s Trade Triangles for MROUSD

long term down The long term trend has been DOWN since Aug 28th, 2016 at 0.002790

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2017 at 0.002745

short term down The short term trend has been DOWN since Jul 24th, 2017 at 0.002765

Smart Scan Analysis for MROUSD

Based on a pre-defined weighted trend formula for chart analysis, MROUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MROUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00274 0.00274 0.00274 0.00274 0.00000
Prev. Close Volume Bid Ask Time
0.00275 0.00270 0.00278 2017-10-11 09:29:39
Want to analyze Mauritanian Ouguiya/US Dollar MROUSD or another symbol? Try our Free Forex Trend Analysis Report.