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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Mauritius Rupee (FOREX:EURMUR)
Countertrend Down (-85) - EURMUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for EURMUR
The long-term trend has been DOWN since Oct 21st, 2024 at 49.96
The intermediate-term trend has been DOWN since Sep 10th, 2024 at 50.79
The short-term trend has been UP since Nov 5th, 2024 at 50.20
Smart Scan Analysis for EURMUR
Based on our trend formula, EURMUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.02 | 49.10 | 48.94 | 48.94 | -0.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.02 | 2024-11-20 03:14:41 |