Forex Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
Mauritius Rupee/Danish Krone (FOREX:MURDKK)
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.
MarketClub’s Trade Triangles for MURDKK
The long term trend has been UP since Jul 18th, 2018 at 0.18725
The intermediate term trend has been DOWN since Mar 5th, 2019 at 0.19130
The short term trend has been UP since Mar 22nd, 2019 at 0.19145
Smart Scan Analysis for MURDKK
Based on a pre-defined weighted trend formula for chart analysis, MURDKK scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).