Forex Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Weak Uptrend (+65) - GBPMUR is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for GBPMUR
The long-term trend has been UP since Apr 14th, 2020 at 49.777604
The intermediate-term trend has been DOWN since May 12th, 2020 at 48.837368
The short-term trend has been UP since May 25th, 2020 at 49.055454
Smart Scan Analysis for GBPMUR
Based on our trend formula, GBPMUR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).