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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Mauritius Rupee/US Dollar (FOREX:MURUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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_MURUSD
Open High Low MURUSD Price Change
0.027619 0.027698 0.027570 0.027602 -0.000017
Entry Signal

MarketClub’s Trade Triangles for MURUSD

long term down The long term trend has been DOWN since Feb 17th, 2019 at 0.028691

intermediate term down The intermediate term trend has been DOWN since Sep 2nd, 2019 at 0.027570

short term up The short term trend has been UP since Sep 19th, 2019 at 0.027734

Smart Scan Analysis for MURUSD

Based on a pre-defined weighted trend formula for chart analysis, MURUSD scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for MURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.027619 0.027698 0.027570 0.027602 -0.000017
Prev. Close Volume Bid Ask Time
0.027619 0.026685 0.028518 2019-09-20 13:14:05
Want to analyze Mauritius Rupee/US Dollar MURUSD or another symbol? Try our Free Forex Trend Analysis Report.