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Forex Trend Analysis Report

Prepared for you on Thursday, March 28, 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.

FOREX_MURGBP
Open High Low MURGBP Price Change
0.01708601 0.01716630 0.01703368 0.01707717 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term up The long-term trend has been UP since Mar 12th, 2024 at 0.01815067

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 0.01696208

short term down The short-term trend has been DOWN since Mar 20th, 2024 at 0.01700140

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).

-60
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01708601 0.01716630 0.01703368 0.01707717 -0.00000900
Prev. Close Volume Bid Ask Time
0.01708601 2024-03-28 10:29:41
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