Forex Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

Mauritius Rupee/South African Rand (FOREX:MURZAR)

Long-Term Downtrend (-90) - MURZAR is in a strong downtrend that is likely to continue. While MURZAR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

Open	High	Low	MURZAR Price	Change
0.36569042	0.36732174	0.36380700	0.36711489	+0.00142400
Entry Signal

MarketClub’s Trade Triangles for MURZAR

The long-term trend has been DOWN since Oct 22nd, 2020 at 0.40559554

The intermediate-term trend has been DOWN since Feb 8th, 2021 at 0.37197311

The short-term trend has been DOWN since Feb 25th, 2021 at 0.36429584

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).

-90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
0.36569042	0.36732174	0.36380700	0.36711489	+0.00142400
Prev. Close	Volume	Bid	Ask	Time
0.36569042				2021-02-25 04:59:46

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