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Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Mauritius Rupee/US Dollar (FOREX:MURUSD)

Crossroads (-60) - MURUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.02154315 0.02166925 0.02148296 0.02157105 +0.00002800
Entry Signal

MarketClub’s Trade Triangles for MURUSD

long term up The long-term trend has been UP since Mar 12th, 2024 at 0.02280127

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 0.02172577

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 0.02169277

Smart Scan Analysis for MURUSD

Based on our trend formula, MURUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02154315 0.02166925 0.02148296 0.02157105 +0.00002800
Prev. Close Volume Bid Ask Time
0.02154315 2024-03-29 01:30:12
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