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Forex Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDMUR
Open High Low USDMUR Price Change
36.530000 36.750000 36.345509 36.594744 +0.064744
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 Nov 13th, 2019 at 36.6500

short term up The short term trend has been UP since Nov 15th, 2019 at 36.7000

Smart Scan Analysis for USDMUR

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

+100
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
36.530000 36.750000 36.345509 36.594744 +0.064744
Prev. Close Volume Bid Ask Time
36.536064 35.237708 37.951780 2019-11-15 16:21:02
Want to analyze US Dollar/Mauritius Rupee USDMUR or another symbol? Try our Free Forex Trend Analysis Report.