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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Mauritius Rupee/Euro (FOREX:MUREUR)

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_MUREUR
Open High Low MUREUR Price Change
0.024973 0.025048 0.024892 0.025004 +0.000031
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 down The intermediate term trend has been DOWN since Jun 19th, 2018 at 0.024585

short term up The short term trend has been UP since Jul 18th, 2018 at 0.025010

Smart Scan Analysis for MUREUR

Based on a pre-defined weighted trend formula for chart analysis, MUREUR scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.024973 0.025048 0.024892 0.025004 +0.000031
Prev. Close Volume Bid Ask Time
0.024973 0.024067 0.025940 2018-07-18 02:22:29
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