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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Sidelines Mode (+55) - GBPMUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GBPMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
55.333773 55.740442 54.960590 55.131182 -0.202591
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term up The long-term trend has been UP since Nov 23rd, 2020 at 53.742802

intermediate term up The intermediate-term trend has been UP since Dec 31st, 2020 at 54.130274

short term down The short-term trend has been DOWN since Feb 25th, 2021 at 55.530300

Smart Scan Analysis for GBPMUR

Based on our trend formula, GBPMUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.333773 55.740442 54.960590 55.131182 -0.202591
Prev. Close Volume Bid Ask Time
55.333773 2021-03-05 17:04:12
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