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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Mauritanian Ouguiya (FOREX:EURMRU)
Bull Market Weakness (+75) - EURMRU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on EURMRU as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURMRU?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMRU.
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 EURMRU
The long-term trend has been DOWN since Apr 17th, 2024 at 42.520
The intermediate-term trend has been UP since Jul 7th, 2024 at 42.772
The short-term trend has been UP since Jul 26th, 2024 at 42.963
Smart Scan Analysis for EURMRU
Based on our trend formula, EURMRU is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
![Smart Scan Analysis for EURMRU](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
43.002 | 43.002 | 43.002 | 43.002 | 0.000 |
Prev. Close | Volume | Bid | Ask | Time |
43.002 | 2024-07-26 07:26:06 |