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.
MarketClub’s Trade Triangles for MUREUR
The long-term trend has been UP since Sep 6th, 2023 at 0.02056607
The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 0.02126203
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).