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Forex Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

Mauritius Rupee/US Dollar (FOREX:MURUSD)

Bull Market Weakness (+75) - MURUSD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MURUSD as it may be in the beginning stages of a reversal.

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
0.02268740 0.02268882 0.02268740 0.02268882 +0.00000100
Entry Signal

MarketClub’s Trade Triangles for MURUSD

long term up The long-term trend has been UP since Sep 13th, 2023 at 0.02223320

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2023 at 0.02218878

short term up The short-term trend has been UP since Dec 7th, 2023 at 0.02269397

Smart Scan Analysis for MURUSD

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

+75
Smart Scan Analysis for MURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02268740 0.02268882 0.02268740 0.02268882 +0.00000100
Prev. Close Volume Bid Ask Time
0.02268882 2023-12-08 00:19:00
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