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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Mauritius Rupee/US Dollar (FOREX:MURUSD)
Sidelines Mode (-55) - MURUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MURUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MURUSD.
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 MURUSD
The long-term trend has been DOWN since Apr 15th, 2024 at 0.02111090
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.02172577
The short-term trend has been UP since Apr 24th, 2024 at 0.02152459
Smart Scan Analysis for MURUSD
Based on our trend formula, MURUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02158502 | 0.02159901 | 0.02152556 | 0.02154779 | -0.00003700 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02158502 | 2024-04-25 20:25:40 |