Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

Mauritius Rupee/Danish Krone (FOREX:MURDKK)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.

FOREX_MURDKK
Open High Low MURDKK Price Change
0.1850 0.1851 0.1834 0.1849 -0.0001
Entry Signal

MarketClub’s Trade Triangles for MURDKK

long term down The long term trend has been DOWN since Feb 22nd, 2018 at 0.18295

intermediate term up The intermediate term trend has been UP since May 1st, 2018 at 0.18215

short term up The short term trend has been UP since May 23rd, 2018 at 0.18445

Smart Scan Analysis for MURDKK

Based on a pre-defined weighted trend formula for chart analysis, MURDKK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for MURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1850 0.1851 0.1834 0.1849 -0.0001
Prev. Close Volume Bid Ask Time
0.1850 0.1780 0.1918 2018-05-23 14:43:14
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