Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

Mauritius Rupee/South African Rand (FOREX:MURZAR)

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

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

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

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

FOREX_MURZAR
Open High Low MURZAR Price Change
0.36719371 0.37180767 0.36330271 0.36875103 +0.00155700
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term up The long-term trend has been UP since Nov 18th, 2021 at 0.36317621

intermediate term up The intermediate-term trend has been UP since Oct 29th, 2021 at 0.35544779

short term down The short-term trend has been DOWN since Dec 1st, 2021 at 0.36400710

Smart Scan Analysis for MURZAR

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

+75
Smart Scan Analysis for MURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36719371 0.37180767 0.36330271 0.36875103 +0.00155700
Prev. Close Volume Bid Ask Time
0.36719371 2021-12-07 22:43:40
Get a free daily analysis and signals for Mauritius Rupee/South African Rand (MURZAR) - Request Your Free Report.