Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Euro/Mauritius Rupee (FOREX:EURMUR)
Bull Market Weakness (+75) - EURMUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 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 DOWN since Oct 1st, 2021 at 49.25
The intermediate-term trend has been UP since Oct 19th, 2021 at 50.32
The short-term trend has been UP since Oct 13th, 2021 at 49.68
Smart Scan Analysis for EURMUR
Based on our trend formula, EURMUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).