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Forex Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

Mauritius Rupee/Swedish Krona (FOREX:MURSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

Open High Low MURSEK Price Change
0.24050 0.24060 0.23975 0.23975 -0.00075
Entry Signal

MarketClub’s Trade Triangles for MURSEK

long term down The long term trend has been DOWN since Jun 28th, 2017 at 0.2479

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2017 at 0.2372

short term up The short term trend has been UP since Oct 12th, 2017 at 0.2389

Smart Scan Analysis for MURSEK

Based on a pre-defined weighted trend formula for chart analysis, MURSEK scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24050 0.24060 0.23975 0.23975 -0.00075
Prev. Close Volume Bid Ask Time
0.24050 0.23880 0.24070 2017-10-19 10:26:05
Want to analyze Mauritius Rupee/Swedish Krona MURSEK or another symbol? Try our Free Forex Trend Analysis Report.