Forex Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
Mauritius Rupee/Icelandic Krona (FOREX:MURISK)
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.
MarketClub’s Trade Triangles for MURISK
The long term trend has been UP since Jun 4th, 2018 at 3.09500
The intermediate term trend has been DOWN since Dec 6th, 2018 at 3.53065
The short term trend has been UP since Dec 10th, 2018 at 3.60380
Smart Scan Analysis for MURISK
Based on a pre-defined weighted trend formula for chart analysis, MURISK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).