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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Mauritius Rupee/South African Rand (FOREX:MURZAR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_MURZAR
Open High Low MURZAR Price Change
0.366245 0.370210 0.365800 0.370210 +0.003965
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term down The long term trend has been DOWN since Dec 19th, 2017 at 0.385495

intermediate term down The intermediate term trend has been DOWN since Nov 29th, 2017 at 0.407185

short term down The short term trend has been DOWN since Jan 22nd, 2018 at 0.369210

Smart Scan Analysis for MURZAR

Based on a pre-defined weighted trend formula for chart analysis, MURZAR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for MURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.366245 0.370210 0.365800 0.370210 +0.003965
Prev. Close Volume Bid Ask Time
0.366245 0.356360 0.384060 2018-01-22 10:12:55
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