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Forex Trend Analysis Report

Prepared for you on Sunday, April 22, 2018.

Mauritius Rupee/Swedish Krona (FOREX:MURSEK)

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_MURSEK
Open High Low MURSEK Price Change
0.25035 0.25180 0.25030 0.25155 +0.00120
Entry Signal

MarketClub’s Trade Triangles for MURSEK

long term up The long term trend has been UP since Nov 20th, 2017 at 0.24920

intermediate term up The intermediate term trend has been UP since Mar 27th, 2018 at 0.25255

short term up The short term trend has been UP since Apr 18th, 2018 at 0.25155

Smart Scan Analysis for MURSEK

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

+100
Smart Scan Analysis for MURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.25035 0.25180 0.25030 0.25155 +0.00120
Prev. Close Volume Bid Ask Time
0.25035 0.24210 0.26100 2018-04-20 13:24:58
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