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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.

FOREX_MURSEK
Open High Low MURSEK Price Change
0.24955 0.25000 0.24475 0.24825 -0.00130
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 Feb 6th, 2018 at 0.24655

short term down 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).

+75
Smart Scan Analysis for MURSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24955 0.25000 0.24475 0.24825 -0.00130
Prev. Close Volume Bid Ask Time
0.24955 0.23870 0.25780 2018-02-22 13:16:54
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