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Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

Mauritius Rupee/Norwegian Krone (FOREX:MURNOK)

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_MURNOK
Open High Low MURNOK Price Change
0.24865 0.24950 0.24785 0.24835 -0.00030
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 up The intermediate term trend has been UP since Jul 23rd, 2019 at 0.24145

short term down The short term trend has been DOWN since Aug 20th, 2019 at 0.24855

Smart Scan Analysis for MURNOK

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

+55
Smart Scan Analysis for MURNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.24865 0.24950 0.24785 0.24835 -0.00030
Prev. Close Volume Bid Ask Time
0.24865 0.24000 0.25670 2019-08-22 14:35:28
Want to analyze Mauritius Rupee/Norwegian Krone MURNOK or another symbol? Try our Free Forex Trend Analysis Report.