Forex Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
Euro/Mauritius Rupee (FOREX:EURMUR)
Weak Uptrend (+65) - EURMUR is showing signs of weakening momentum to the upside. Monitor EURMUR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid EURMUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURMUR
The long-term trend has been UP since May 15th, 2019 at 39.51
The intermediate-term trend has been UP since Feb 24th, 2020 at 40.88
The short-term trend has been DOWN since Apr 1st, 2020 at 42.89
Smart Scan Analysis for EURMUR
Based on our trend formula, EURMUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).