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Forex Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

Euro/Mauritius Rupee (FOREX:EURMUR)

Crossroads (-60) - EURMUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
45.87 46.65 45.70 46.15 +0.28
Entry Signal

MarketClub’s Trade Triangles for EURMUR

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 49.25

intermediate term up The intermediate-term trend has been UP since Aug 2nd, 2022 at 47.02

short term up The short-term trend has been UP since Aug 17th, 2022 at 46.68

Smart Scan Analysis for EURMUR

Based on our trend formula, EURMUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for EURMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.87 46.65 45.70 46.15 +0.28
Prev. Close Volume Bid Ask Time
45.87 2022-08-19 15:22:06
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