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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Mauritius Rupee/Euro (FOREX:MUREUR)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.

FOREX_MUREUR
Open High Low MUREUR Price Change
0.025060 0.025117 0.025023 0.025054 -0.000006
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term down The long term trend has been DOWN since May 15th, 2019 at 0.025353

intermediate term up The intermediate term trend has been UP since Aug 21st, 2019 at 0.025142

short term up The short term trend has been UP since Sep 17th, 2019 at 0.025086

Smart Scan Analysis for MUREUR

Based on a pre-defined weighted trend formula for chart analysis, MUREUR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.025060 0.025117 0.025023 0.025054 -0.000006
Prev. Close Volume Bid Ask Time
0.02506 0.024114 0.025994 2019-09-17 03:09:08
Want to analyze Mauritius Rupee/Euro MUREUR or another symbol? Try our Free Forex Trend Analysis Report.