Forex Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
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.
MarketClub’s Trade Triangles for MUREUR
The long-term trend has been DOWN since Dec 1st, 2022 at 0.02161161
The intermediate-term trend has been DOWN since Nov 7th, 2022 at 0.02223209
The short-term trend has been DOWN since Mar 7th, 2023 at 0.01994210
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).