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Forex Trend Analysis Report

Prepared for you on Thursday, June 21, 2018.

Mauritius Rupee/US Dollar (FOREX:MURUSD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_MURUSD
Open High Low MURUSD Price Change
0.02846 0.02857 0.02844 0.02844 -0.00002
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 down The intermediate term trend has been DOWN since Jun 15th, 2018 at 0.028635

short term down The short term trend has been DOWN since Jun 13th, 2018 at 0.029235

Smart Scan Analysis for MURUSD

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

-100
Smart Scan Analysis for MURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02846 0.02857 0.02844 0.02844 -0.00002
Prev. Close Volume Bid Ask Time
0.02846 0.02743 0.02945 2018-06-21 03:39:23
Want to analyze Mauritius Rupee/US Dollar MURUSD or another symbol? Try our Free Forex Trend Analysis Report.