Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Mauritius Rupee/Euro (FOREX:MUREUR)
Bull Market Weakness (+75) - MUREUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MUREUR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for MUREUR
The long-term trend has been UP since Oct 1st, 2021 at 0.02032342
The intermediate-term trend has been DOWN since Jun 22nd, 2022 at 0.02096750
The short-term trend has been UP since Jul 5th, 2022 at 0.02133468
Smart Scan Analysis for MUREUR
Based on our trend formula, MUREUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).