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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

British Pound/Mauritius Rupee (FOREX:GBPMUR)

Long-Term Downtrend (-90) - GBPMUR is in a strong downtrend that is likely to continue. While GBPMUR is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_GBPMUR
Open High Low GBPMUR Price Change
57.239797 57.252374 57.081091 57.186076 -0.053721
Entry Signal

MarketClub’s Trade Triangles for GBPMUR

long term down The long-term trend has been DOWN since Nov 19th, 2024 at 58.665241

intermediate term down The intermediate-term trend has been DOWN since Jan 2nd, 2025 at 58.521486

short term down The short-term trend has been DOWN since Jan 19th, 2025 at 57.043385

Smart Scan Analysis for GBPMUR

Based on our trend formula, GBPMUR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
57.239797 57.252374 57.081091 57.186076 -0.053721
Prev. Close Volume Bid Ask Time
57.239797 2025-01-20 08:35:58
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