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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Mauritius Rupee/South African Rand (FOREX:MURZAR)
Long-Term Uptrend (+90) - MURZAR is in a strong uptrend that is likely to continue. While MURZAR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for MURZAR
The long-term trend has been UP since Dec 18th, 2024 at 0.39242026
The intermediate-term trend has been UP since Dec 18th, 2024 at 0.39141136
The short-term trend has been UP since Dec 15th, 2024 at 0.38135907
Smart Scan Analysis for MURZAR
Based on our trend formula, MURZAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.39469333 | 0.39713155 | 0.39393347 | 0.39713155 | +0.00243800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.39706255 | 2024-12-24 16:02:32 |