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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Mauritius Rupee/Euro (FOREX:MUREUR)

Countertrend Down (-85) - MUREUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid MUREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MUREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MUREUR
Open High Low MUREUR Price Change
0.02311709 0.02340967 0.02294713 0.02337132 +0.00025400
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term down The long-term trend has been DOWN since May 15th, 2019 at 0.02535300

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.02449482

short term up The short-term trend has been UP since Apr 1st, 2020 at 0.02334401

Smart Scan Analysis for MUREUR

Based on our trend formula, MUREUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02311709 0.02340967 0.02294713 0.02337132 +0.00025400
Prev. Close Volume Bid Ask Time
0.02311709 0.02255300 0.02418965 2020-04-01 14:20:20
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