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Forex Trend Analysis Report

Prepared for you on Wednesday, March 20, 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.

FOREX_USDMUR
Open High Low USDMUR Price Change
34.633 34.633 34.627 34.627 -0.006
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 Feb 8th, 2019 at 34.5030

short term down The short term trend has been DOWN since Mar 18th, 2019 at 34.6845

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).

+75
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.633 34.633 34.627 34.627 -0.006
Prev. Close Volume Bid Ask Time
34.633 33.305 35.949 2019-03-20 00:42:25
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