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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Mauritius Rupee/British Pound (FOREX:MURGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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_MURGBP
Open High Low MURGBP Price Change
0.02101342 0.02119486 0.02085363 0.02110393 +0.00009100
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term down The long term trend has been DOWN since Oct 13th, 2019 at 0.02194500

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 0.02126314

short term down The short term trend has been DOWN since Jan 16th, 2020 at 0.02097267

Smart Scan Analysis for MURGBP

Based on a pre-defined weighted trend formula for chart analysis, MURGBP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02101342 0.02119486 0.02085363 0.02110393 +0.00009100
Prev. Close Volume Bid Ask Time
0.02101342 0.02032134 0.02188652 2020-01-17 16:32:24
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