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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.

FOREX_MURUSD
Open High Low MURUSD Price Change
0.02724240 0.02754289 0.02723105 0.02732039 +0.00007800
Entry Signal

MarketClub’s Trade Triangles for MURUSD

long term down The long term trend has been DOWN since Feb 17th, 2019 at 0.02869100

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2020 at 0.02723105

short term down 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).

-90
Smart Scan Analysis for MURUSD
Strong Downtrend Sideways 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
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