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Forex Trend Analysis Report

Prepared for you on Sunday, June 16, 2019.

Mauritius Rupee/Norwegian Krone (FOREX:MURNOK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_MURNOK
Open High Low MURNOK Price Change
0.24435 0.24500 0.24280 0.24395 -0.00040
Entry Signal

MarketClub’s Trade Triangles for MURNOK

long term down The long term trend has been DOWN since Mar 21st, 2019 at 0.24515

intermediate term down The intermediate term trend has been DOWN since May 24th, 2019 at 0.24575

short term up The short term trend has been UP since Jun 14th, 2019 at 0.24465

Smart Scan Analysis for MURNOK

Based on a pre-defined weighted trend formula for chart analysis, MURNOK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for MURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24435 0.24500 0.24280 0.24395 -0.00040
Prev. Close Volume Bid Ask Time
0.24435 0.23570 0.25220 2019-06-14 13:58:06
Want to analyze Mauritius Rupee/Norwegian Krone MURNOK or another symbol? Try our Free Forex Trend Analysis Report.