Forex Trend Analysis Report
Prepared for you on Friday, September 20, 2024.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Bull Market Weakness (+75) - GBPMUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPMUR as it may be in the beginning stages of a reversal.
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 DOWN since Aug 5th, 2024 at 59.319337
The short-term trend has been UP since Sep 18th, 2024 at 60.733829
Smart Scan Analysis for GBPMUR
Based on our trend formula, GBPMUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
60.970818 | 60.988533 | 60.698768 | 60.907380 | -0.063438 |
Prev. Close | Volume | Bid | Ask | Time |
60.970818 | 2024-09-20 00:59:54 |