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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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
37.300000 37.401527 37.300000 37.401527 +0.101527
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long term trend has been UP since Feb 17th, 2019 at 34.956500

intermediate term up The intermediate term trend has been UP since Jan 10th, 2020 at 36.770000

short term up The short term trend has been UP since Feb 4th, 2020 at 37.000585

Smart Scan Analysis for USDMUR

Based on a pre-defined weighted trend formula for chart analysis, USDMUR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.300000 37.401527 37.300000 37.401527 +0.101527
Prev. Close Volume Bid Ask Time
37.300000 36.478741 38.324313 2020-02-16 21:04:28
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