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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Euro/Mauritanian Ouguiya (FOREX:EURMRU)
Sidelines Mode (+55) - EURMRU 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 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 DOWN since Mar 20th, 2025 at 43.325
Smart Scan Analysis for EURMRU
Based on our trend formula, EURMRU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.861 | 42.861 | 42.861 | 42.861 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.861 | 2025-03-31 03:13:07 |