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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Mauritius Rupee/Euro (FOREX:MUREUR)

Strong Downtrend (-100) - MUREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MUREUR continues to fall. Traders should use caution 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
0.01970222 0.01973725 0.01961808 0.01961808 -0.00008400
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term down The long-term trend has been DOWN since Jul 1st, 2024 at 0.01969057

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.01981161

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 0.01964025

Smart Scan Analysis for MUREUR

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

-100
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01970222 0.01973725 0.01961808 0.01961808 -0.00008400
Prev. Close Volume Bid Ask Time
0.01970222 2024-07-26 14:00:12
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