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Forex Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
Mauritius Rupee/US Dollar (FOREX:MURUSD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
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MarketClub’s Trade Triangles for MURUSD
The long term trend has been DOWN since Feb 17th, 2019 at 0.02869100
The intermediate term trend has been DOWN since Jan 10th, 2020 at 0.02723105
The short term trend has been DOWN since Jan 20th, 2020 at 0.02739182
Smart Scan Analysis for MURUSD
Based on a pre-defined weighted trend formula for chart analysis, MURUSD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02724240 | 0.02754289 | 0.02723105 | 0.02732039 | +0.00007800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02724240 | 0.02657454 | 0.02806624 | 2020-01-22 07:28:39 |