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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

South African Rand/Mauritius Rupee (FOREX:ZARMUR)

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.

Open High Low ZARMUR Price Change
2.53510 2.56635 2.53430 2.56635 +0.03125
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term down The long term trend has been DOWN since Jun 6th, 2018 at 2.67890

intermediate term up The intermediate term trend has been UP since Jul 16th, 2018 at 2.60590

short term down The short term trend has been DOWN since Jul 18th, 2018 at 2.58485

Smart Scan Analysis for ZARMUR

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

Smart Scan Analysis for ZARMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.53510 2.56635 2.53430 2.56635 +0.03125
Prev. Close Volume Bid Ask Time
2.53510 2.47090 2.66180 2018-07-20 17:43:41
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