Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, June 17, 2019.

US Dollar/ (FOREX:USDMRU)

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_USDMRU
Open High Low USDMRU Price Change
36.800 36.825 36.800 36.800 0.000
Entry Signal

MarketClub’s Trade Triangles for USDMRU

long term up The long term trend has been UP since May 9th, 2018 at 35.55

intermediate term up The intermediate term trend has been UP since Jun 4th, 2019 at 36.72

short term up The short term trend has been UP since Jun 4th, 2019 at 36.72

Smart Scan Analysis for USDMRU

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

+70
Smart Scan Analysis for USDMRU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.800 36.825 36.800 36.800 0.000
Prev. Close Volume Bid Ask Time
36.775 36.500 37.100 2019-06-12 19:08:36
Want to analyze US Dollar/ USDMRU or another symbol? Try our Free Forex Trend Analysis Report.