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Forex Trend Analysis Report

Prepared for you on Saturday, September 23, 2017.

Mauritius Rupee/South African Rand (FOREX:MURZAR)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_MURZAR
Open High Low MURZAR Price Change
0.39883 0.39883 0.39591 0.39681 -0.00202
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term up The long term trend has been UP since Apr 4th, 2017 at 0.384505

intermediate term down The intermediate term trend has been DOWN since Sep 1st, 2017 at 0.393400

short term down The short term trend has been DOWN since Sep 22nd, 2017 at 0.396320

Smart Scan Analysis for MURZAR

Based on a pre-defined weighted trend formula for chart analysis, MURZAR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39883 0.39883 0.39591 0.39681 -0.00202
Prev. Close Volume Bid Ask Time
0.39883 0.38194 0.41168 2017-09-22 02:23:33
Want to analyze Mauritius Rupee/South African Rand MURZAR or another symbol? Try our Free Forex Trend Analysis Report.