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Forex Trend Analysis Report

Prepared for you on Sunday, February 17, 2019.

Mauritius Rupee/South African Rand (FOREX:MURZAR)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_MURZAR
Open High Low MURZAR Price Change
0.411635 0.413245 0.409100 0.410975 -0.000660
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term down The long term trend has been DOWN since Dec 4th, 2018 at 0.395160

intermediate term up The intermediate term trend has been UP since Feb 14th, 2019 at 0.409970

short term up The short term trend has been UP since Feb 6th, 2019 at 0.393935

Smart Scan Analysis for MURZAR

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

+70
Smart Scan Analysis for MURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.411635 0.413245 0.409100 0.410975 -0.000660
Prev. Close Volume Bid Ask Time
0.411635 0.395090 0.426860 2019-02-15 15:54:42
Want to analyze Mauritius Rupee/South African Rand MURZAR or another symbol? Try our Free Forex Trend Analysis Report.