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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Mauritius Rupee/US Dollar (FOREX:MURUSD)

Sidelines Mode (+50) - MURUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MURUSD can gain momentum.

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
0.02199462 0.02199462 0.02199462 0.02199462 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MURUSD

long term down The long-term trend has been DOWN since Jun 27th, 2022 at 0.02203712

intermediate term up The intermediate-term trend has been UP since Aug 4th, 2022 at 0.02238887

short term up The short-term trend has been UP since Aug 4th, 2022 at 0.02238887

Smart Scan Analysis for MURUSD

Based on our trend formula, MURUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for MURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02199462 0.02199462 0.02199462 0.02199462 0.00000000
Prev. Close Volume Bid Ask Time
0.02199462 2022-08-15 02:25:30
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