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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Mauritius Rupee/British Pound (FOREX:MURGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

FOREX_MURGBP
Open High Low MURGBP Price Change
0.022138 0.022260 0.022099 0.022194 +0.000056
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term up The long term trend has been UP since Jul 17th, 2019 at 0.022502

intermediate term down The intermediate term trend has been DOWN since Aug 25th, 2019 at 0.022515

short term down The short term trend has been DOWN since Sep 4th, 2019 at 0.022635

Smart Scan Analysis for MURGBP

Based on a pre-defined weighted trend formula for chart analysis, MURGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.022138 0.022260 0.022099 0.022194 +0.000056
Prev. Close Volume Bid Ask Time
0.022138 0.021361 0.023027 2019-09-16 18:52:35
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