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Forex Trend Analysis Report

Prepared for you on Friday, April 20, 2018.

South African Rand/Mauritius Rupee (FOREX:ZARMUR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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
2.79055 2.81775 2.79055 2.79885 +0.00830
Entry Signal

MarketClub’s Trade Triangles for ZARMUR

long term up The long term trend has been UP since Dec 19th, 2017 at 2.59770

intermediate term down The intermediate term trend has been DOWN since Apr 18th, 2018 at 2.77615

short term up The short term trend has been UP since Apr 19th, 2018 at 2.82215

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
2.79055 2.81775 2.79055 2.79885 +0.00830
Prev. Close Volume Bid Ask Time
2.79055 2.69730 2.90040 2018-04-20 02:14:44
Want to analyze South African Rand/Mauritius Rupee ZARMUR or another symbol? Try our Free Forex Trend Analysis Report.