Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, December 14, 2018.

Mauritius Rupee/South African Rand (FOREX:MURZAR)

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_MURZAR
Open High Low MURZAR Price Change
0.414180 0.421345 0.413590 0.421345 +0.007165
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term down The long term trend has been DOWN since Dec 4th, 2018 at 0.395160

intermediate term up The intermediate term trend has been UP since Dec 9th, 2018 at 0.413020

short term down The short term trend has been DOWN since Dec 12th, 2018 at 0.410875

Smart Scan Analysis for MURZAR

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

+55
Smart Scan Analysis for MURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.414180 0.421345 0.413590 0.421345 +0.007165
Prev. Close Volume Bid Ask Time
0.414180 0.405020 0.437670 2018-12-14 11:35:30
Want to analyze Mauritius Rupee/South African Rand MURZAR or another symbol? Try our Free Forex Trend Analysis Report.