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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Mauritius Rupee/British Pound (FOREX:MURGBP)

Bear Market Rally (-75) - MURGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MURGBP as it may be in the beginning of a reversal.

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
0.01802260 0.01807561 0.01782434 0.01805673 +0.00003400
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term down The long-term trend has been DOWN since Nov 25th, 2020 at 0.01861884

intermediate term down The intermediate-term trend has been DOWN since Dec 31st, 2020 at 0.01848522

short term up The short-term trend has been UP since Feb 26th, 2021 at 0.01804546

Smart Scan Analysis for MURGBP

Based on our trend formula, MURGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01802260 0.01807561 0.01782434 0.01805673 +0.00003400
Prev. Close Volume Bid Ask Time
0.01802260 2021-03-01 14:33:35
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