Forex Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
Mauritius Rupee/Swedish Krona (FOREX:MURSEK)
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 MURSEK
The long term trend has been UP since Nov 20th, 2017 at 0.24920
The intermediate term trend has been UP since Feb 6th, 2018 at 0.24655
The short term trend has been DOWN since Feb 22nd, 2018 at 0.24535
Smart Scan Analysis for MURSEK
Based on a pre-defined weighted trend formula for chart analysis, MURSEK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).