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Forex Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

Mauritius Rupee/Danish Krone (FOREX:MURDKK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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_MURDKK
Open High Low MURDKK Price Change
0.18885 0.18915 0.18765 0.18770 -0.00115
Entry Signal

MarketClub’s Trade Triangles for MURDKK

long term down The long term trend has been DOWN since May 16th, 2019 at 0.18905

intermediate term down The intermediate term trend has been DOWN since May 6th, 2019 at 0.18965

short term down The short term trend has been DOWN since May 15th, 2019 at 0.18940

Smart Scan Analysis for MURDKK

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

-100
Smart Scan Analysis for MURDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.18885 0.18915 0.18765 0.18770 -0.00115
Prev. Close Volume Bid Ask Time
0.18885 0.18140 0.19400 2019-05-24 14:17:44
Want to analyze Mauritius Rupee/Danish Krone MURDKK or another symbol? Try our Free Forex Trend Analysis Report.