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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.

FOREX_MUREUR
Open High Low MUREUR Price Change
0.01998998 0.01998998 0.01974505 0.01981947 -0.00017100
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term down The long-term trend has been DOWN since Dec 1st, 2022 at 0.02161161

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2022 at 0.02223209

short term down 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).

-100
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01998998 0.01998998 0.01974505 0.01981947 -0.00017100
Prev. Close Volume Bid Ask Time
0.01998998 2023-03-22 18:48:52
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