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Forex Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
Euro/Mauritius Rupee (FOREX:EURMUR)
Bull Market Weakness (+75) - EURMUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURMUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURMUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURMUR
The long-term trend has been DOWN since Mar 12th, 2024 at 47.340
The intermediate-term trend has been UP since Apr 15th, 2024 at 50.330
The short-term trend has been UP since May 3rd, 2024 at 49.909
Smart Scan Analysis for EURMUR
Based on our trend formula, EURMUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.82 | 49.88 | 49.82 | 49.87 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.82 | 2024-05-06 07:49:33 |