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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Euro/Mauritanian Ouguiya (FOREX:EURMRU)
Sidelines Mode (+50) - EURMRU is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURMRU can gain momentum.
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 Nov 12th, 2024 at 42.712
The intermediate-term trend has been UP since Jan 28th, 2025 at 41.425
The short-term trend has been UP since Feb 9th, 2025 at 41.313
Smart Scan Analysis for EURMRU
Based on our trend formula, EURMRU is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 41.77 | 41.77 | 41.77 | 41.77 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.89 | 2025-02-17 21:00:17 |