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Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Euro/Mauritius Rupee (FOREX:EURMUR)
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.
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MarketClub’s Trade Triangles for EURMUR
The long term trend has been UP since May 15th, 2019 at 39.51
The intermediate term trend has been UP since Sep 18th, 2019 at 40.25
The short term trend has been DOWN since Sep 19th, 2019 at 39.87
Smart Scan Analysis for EURMUR
Based on a pre-defined weighted trend formula for chart analysis, EURMUR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 40.09 | 40.14 | 39.88 | 39.93 | -0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 40.09 | 38.43 | 41.43 | 2019-09-20 11:12:48 |