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Forex Trend Analysis Report
Prepared for you on Monday, May 6, 2024.
Mauritius Rupee/British Pound (FOREX:MURGBP)
Crossroads (-60) - MURGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MURGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MURGBP.
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 MURGBP
The long-term trend has been DOWN since Apr 16th, 2024 at 0.01675868
The intermediate-term trend has been UP since Apr 19th, 2024 at 0.01738014
The short-term trend has been UP since May 6th, 2024 at 0.01727730
Smart Scan Analysis for MURGBP
Based on our trend formula, MURGBP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01721765 | 0.01730040 | 0.01716762 | 0.01717715 | -0.00004100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01721765 | 2024-05-06 10:04:05 |