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Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Mauritius Rupee/US Dollar (FOREX:MURUSD)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_MURUSD
Open High Low MURUSD Price Change
0.029219 0.029279 0.029010 0.029187 -0.000032
Entry Signal

MarketClub’s Trade Triangles for MURUSD

long term down The long term trend has been DOWN since Apr 4th, 2018 at 0.029755

intermediate term up The intermediate term trend has been UP since Nov 20th, 2018 at 0.029137

short term down The short term trend has been DOWN since Dec 12th, 2018 at 0.028984

Smart Scan Analysis for MURUSD

Based on a pre-defined weighted trend formula for chart analysis, MURUSD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for MURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.029219 0.029279 0.029010 0.029187 -0.000032
Prev. Close Volume Bid Ask Time
0.029219 0.028172 0.030201 2018-12-14 11:38:31
Want to analyze Mauritius Rupee/US Dollar MURUSD or another symbol? Try our Free Forex Trend Analysis Report.