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Forex Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

Euro/Mauritius Rupee (FOREX:EURMUR)

Strong Uptrend (+100) - EURMUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURMUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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.

FOREX_EURMUR
Open High Low EURMUR Price Change
47.57 47.88 47.16 47.67 +0.10
Entry Signal

MarketClub’s Trade Triangles for EURMUR

long term up The long-term trend has been UP since Nov 25th, 2020 at 47.83

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2020 at 47.26

short term up The short-term trend has been UP since Nov 25th, 2020 at 47.76

Smart Scan Analysis for EURMUR

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

+100
Smart Scan Analysis for EURMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.57 47.88 47.16 47.67 +0.10
Prev. Close Volume Bid Ask Time
47.57 2020-11-27 16:12:56
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