Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

Mauritius Rupee/Euro (FOREX:MUREUR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_MUREUR
Open High Low MUREUR Price Change
0.024985 0.025130 0.024845 0.025130 +0.000145
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term down The long term trend has been DOWN since Aug 11th, 2017 at 0.025535

intermediate term down The intermediate term trend has been DOWN since Dec 14th, 2017 at 0.024800

short term down The short term trend has been DOWN since Dec 11th, 2017 at 0.025030

Smart Scan Analysis for MUREUR

Based on a pre-defined weighted trend formula for chart analysis, MUREUR scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-80
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.024985 0.025130 0.024845 0.025130 +0.000145
Prev. Close Volume Bid Ask Time
0.024985 0.024180 0.026080 2017-12-15 02:08:00
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