Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
Euro/Mauritius Rupee (FOREX:EURMUR)
Sidelines Mode (+50) - EURMUR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURMUR can gain momentum.
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 Mar 12th, 2024 at 47.34
The intermediate-term trend has been UP since Apr 15th, 2024 at 50.33
The short-term trend has been UP since Apr 15th, 2024 at 49.75
Smart Scan Analysis for EURMUR
Based on our trend formula, EURMUR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.8197 | 49.8197 | 49.8197 | 49.8197 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.8197 | 2024-04-20 05:38:09 |