Forex Trend Analysis Report
Prepared for you on Saturday, August 13, 2022.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Strong Uptrend (+100) - GBPMUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPMUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for GBPMUR
The long-term trend has been UP since Aug 2nd, 2022 at 56.042806
The intermediate-term trend has been UP since Jul 29th, 2022 at 55.698632
The short-term trend has been UP since Aug 10th, 2022 at 55.845843
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).