Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Mauritius Rupee/Euro (FOREX:MUREUR)
Sidelines Mode (+55) - MUREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Sep 20th, 2021 at 0.02010665
The short-term trend has been DOWN since Oct 11th, 2021 at 0.02018382
Smart Scan Analysis for MUREUR
Based on our trend formula, MUREUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).