Forex Trend Analysis Report
Prepared for you on Saturday, July 11, 2020.
Mauritius Rupee/South African Rand (FOREX:MURZAR)
Crossroads (-60) - MURZAR 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 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.
MarketClub’s Trade Triangles for MURZAR
The long-term trend has been UP since Feb 27th, 2020 at 0.41780449
The intermediate-term trend has been DOWN since Apr 30th, 2020 at 0.45229969
The short-term trend has been DOWN since Jul 9th, 2020 at 0.42136508
Smart Scan Analysis for MURZAR
Based on our trend formula, MURZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).