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Forex Trend Analysis Report

Prepared for you on Wednesday, February 20, 2019.

Mauritius Rupee/Euro (FOREX:MUREUR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low MUREUR Price Change
0.025785 0.025892 0.025653 0.025892 +0.000107
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term up The long term trend has been UP since Jun 14th, 2018 at 0.025150

intermediate term up The intermediate term trend has been UP since Jan 25th, 2019 at 0.025839

short term down The short term trend has been DOWN since Feb 20th, 2019 at 0.025679

Smart Scan Analysis for MUREUR

Based on a pre-defined weighted trend formula for chart analysis, MUREUR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.025785 0.025892 0.025653 0.025892 +0.000107
Prev. Close Volume Bid Ask Time
0.025785 0.024888 0.026896 2019-02-20 07:00:29
Want to analyze Mauritius Rupee/Euro MUREUR or another symbol? Try our Free Forex Trend Analysis Report.