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.
MarketClub’s Trade Triangles for MURUSD
The long-term trend has been DOWN since Feb 17th, 2019 at 0.02869100
The intermediate-term trend has been DOWN since Mar 11th, 2020 at 0.02629937
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).