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Forex Trend Analysis Report

Prepared for you on Wednesday, April 1, 2020.

Mauritius Rupee/US Dollar (FOREX:MURUSD)

Strong Downtrend (-100) - MURUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_MURUSD
Open High Low MURUSD Price Change
0.02543586 0.02553617 0.02524577 0.02551378 +0.00007800
Entry Signal

MarketClub’s Trade Triangles for MURUSD

long term down The long-term trend has been DOWN since Feb 17th, 2019 at 0.02869100

intermediate term down The intermediate-term trend has been DOWN since Mar 11th, 2020 at 0.02629937

short term down The short-term trend has been DOWN since Mar 30th, 2020 at 0.02529422

Smart Scan Analysis for MURUSD

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

-100
Smart Scan Analysis for MURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02543586 0.02553617 0.02524577 0.02551378 +0.00007800
Prev. Close Volume Bid Ask Time
0.02543586 0.02486325 0.02616431 2020-04-01 12:34:19
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