Forex Trend Analysis Report
Prepared for you on Sunday, December 10, 2017.
Mauritanian Ouguiya/US Dollar (FOREX:MROUSD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 MROUSD
The long term trend has been UP since Oct 27th, 2017 at 0.002755
The intermediate term trend has been DOWN since Dec 1st, 2017 at 0.002820
The short term trend has been UP since Oct 27th, 2017 at 0.002745
Smart Scan Analysis for MROUSD
Based on a pre-defined weighted trend formula for chart analysis, MROUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).