Forex Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
Mauritius Rupee/Euro (FOREX:MUREUR)
Countertrend Down (-85) - MUREUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 May 15th, 2019 at 0.02535300
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.02449482
The short-term trend has been UP since Apr 1st, 2020 at 0.02334401
Smart Scan Analysis for MUREUR
Based on our trend formula, MUREUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).