Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
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 UP since Mar 5th, 2025 at 41.927
The intermediate-term trend has been UP since Mar 4th, 2025 at 41.770
The short-term trend has been UP since Apr 1st, 2025 at 42.943
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.133 | 45.133 | 45.133 | 45.133 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.028 | 2025-05-04 11:01:00 |