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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_USDMUR
Open High Low USDMUR Price Change
34.2980 34.4300 34.2155 34.3200 +0.0220
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long term trend has been UP since Apr 4th, 2018 at 33.7245

intermediate term down The intermediate term trend has been DOWN since Aug 26th, 2018 at 34.1495

short term down The short term trend has been DOWN since Sep 12th, 2018 at 34.2450

Smart Scan Analysis for USDMUR

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

-60
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.2980 34.4300 34.2155 34.3200 +0.0220
Prev. Close Volume Bid Ask Time
34.2980 33.3200 35.3200 2018-09-18 12:22:02
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