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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Strong Downtrend (-100) - GBPMUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPMUR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for GBPMUR
The long-term trend has been DOWN since Nov 19th, 2024 at 58.665241
The intermediate-term trend has been DOWN since Oct 8th, 2024 at 60.258148
The short-term trend has been DOWN since Nov 12th, 2024 at 59.823757
Smart Scan Analysis for GBPMUR
Based on our trend formula, GBPMUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 58.770816 | 58.818589 | 58.703072 | 58.758907 | -0.011909 |
| Prev. Close | Volume | Bid | Ask | Time |
| 58.770816 | 2024-11-20 03:14:41 |