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Forex Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

Euro/Mauritanian Ouguiya (FOREX:EURMRU)

Strong Downtrend (-100) - EURMRU is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

FOREX_EURMRU
Open High Low EURMRU Price Change
41.97 41.97 41.97 41.97 0.00
Entry Signal

MarketClub’s Trade Triangles for EURMRU

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 42.530

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 42.641

short term down The short-term trend has been DOWN since Sep 16th, 2021 at 42.781

Smart Scan Analysis for EURMRU

Based on our trend formula, EURMRU is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for EURMRU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.97 41.97 41.97 41.97 0.00
Prev. Close Volume Bid Ask Time
41.97 2021-10-18 21:09:25
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