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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2019.

Mauritius Rupee/British Pound (FOREX:MURGBP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.

FOREX_MURGBP
Open High Low MURGBP Price Change
0.022065 0.022164 0.022006 0.022142 +0.000077
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term down The long term trend has been DOWN since Feb 17th, 2019 at 0.021945

intermediate term up The intermediate term trend has been UP since Apr 16th, 2019 at 0.022103

short term up The short term trend has been UP since Apr 15th, 2019 at 0.022007

Smart Scan Analysis for MURGBP

Based on a pre-defined weighted trend formula for chart analysis, MURGBP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.022065 0.022164 0.022006 0.022142 +0.000077
Prev. Close Volume Bid Ask Time
0.022136 0.021506 0.022779 2019-04-18 21:28:34
Want to analyze Mauritius Rupee/British Pound MURGBP or another symbol? Try our Free Forex Trend Analysis Report.