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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Mauritius Rupee/Euro (FOREX:MUREUR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_MUREUR
Open High Low MUREUR Price Change
0.02479896 0.02486688 0.02449482 0.02471304 -0.00008600
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term down The long term trend has been DOWN since May 15th, 2019 at 0.02535300

intermediate term up The intermediate term trend has been UP since Jan 24th, 2020 at 0.02486069

short term up The short term trend has been UP since Jan 23rd, 2020 at 0.02479896

Smart Scan Analysis for MUREUR

Based on a pre-defined weighted trend formula for chart analysis, MUREUR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02479896 0.02486688 0.02449482 0.02471304 -0.00008600
Prev. Close Volume Bid Ask Time
0.02479896 0.02379819 0.02562788 2020-01-24 16:38:50
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