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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Mauritius Rupee/British Pound (FOREX:MURGBP)

Sidelines Mode (+55) - MURGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MURGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MURGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MURGBP
Open High Low MURGBP Price Change
0.0179689 0.0179972 0.0179689 0.0179972 +0.0000280
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term up The long-term trend has been UP since Sep 7th, 2023 at 0.01775733

intermediate term down The intermediate-term trend has been DOWN since Nov 13th, 2023 at 0.01819088

short term up The short-term trend has been UP since Dec 5th, 2023 at 0.01795003

Smart Scan Analysis for MURGBP

Based on our trend formula, MURGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0179689 0.0179972 0.0179689 0.0179972 +0.0000280
Prev. Close Volume Bid Ask Time
0.0179689 2023-12-09 14:27:08
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