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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Countertrend Up (+85) - GBPMUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Apr 16th, 2024 at 59.697168
The intermediate-term trend has been UP since May 15th, 2024 at 58.312420
The short-term trend has been DOWN since Jul 18th, 2024 at 60.312395
Smart Scan Analysis for GBPMUR
Based on our trend formula, GBPMUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 60.183071 | 60.433641 | 60.078604 | 60.433641 | +0.250570 |
| Prev. Close | Volume | Bid | Ask | Time |
| 60.183071 | 2024-07-26 14:00:12 |