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Forex Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

Mauritius Rupee/Euro (FOREX:MUREUR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

FOREX_MUREUR
Open High Low MUREUR Price Change
0.025600 0.025865 0.025567 0.025832 +0.000232
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term up The long term trend has been UP since Jun 14th, 2018 at 0.025150

intermediate term up The intermediate term trend has been UP since Sep 28th, 2018 at 0.025282

short term up The short term trend has been UP since Dec 10th, 2018 at 0.025732

Smart Scan Analysis for MUREUR

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

+100
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.025600 0.025865 0.025567 0.025832 +0.000232
Prev. Close Volume Bid Ask Time
0.025600 0.024832 0.026831 2018-12-14 17:21:55
Want to analyze Mauritius Rupee/Euro MUREUR or another symbol? Try our Free Forex Trend Analysis Report.