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Forex Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

Mauritius Rupee/Euro (FOREX:MUREUR)

Weak Downtrend (-65) - MUREUR is showing signs of a strengthening downtrend. Monitor MUREUR as it may be building momentum to the downside.

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
0.02065964 0.02068530 0.02065110 0.02065537 -0.00000400
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term up The long-term trend has been UP since Sep 6th, 2023 at 0.02056607

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 0.02126203

short term down The short-term trend has been DOWN since Nov 24th, 2023 at 0.02068959

Smart Scan Analysis for MUREUR

Based on our trend formula, MUREUR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02065964 0.02068530 0.02065110 0.02065537 -0.00000400
Prev. Close Volume Bid Ask Time
0.02065964 2023-11-29 07:28:49
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