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Forex Trend Analysis Report

Prepared for you on Sunday, August 25, 2019.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

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.

Open High Low USDMUR Price Change
36.1510 36.2535 36.0000 36.2020 +0.0510
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long term trend has been UP since Feb 17th, 2019 at 34.9565

intermediate term up The intermediate term trend has been UP since Jul 9th, 2019 at 36.1100

short term down The short term trend has been DOWN since Aug 21st, 2019 at 35.9500

Smart Scan Analysis for USDMUR

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

Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.1510 36.2535 36.0000 36.2020 +0.0510
Prev. Close Volume Bid Ask Time
35.4545 34.8560 37.5480 2019-08-23 18:14:21
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