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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

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.

FOREX_MURZAR
Open High Low MURZAR Price Change
0.45934113 0.46182487 0.45582365 0.45582365 -0.00351700
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term up The long-term trend has been UP since Feb 27th, 2020 at 0.41780449

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2020 at 0.39656165

short term up The short-term trend has been UP since Mar 19th, 2020 at 0.44416915

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
Smart Scan Analysis for MURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.45934113 0.46182487 0.45582365 0.45582365 -0.00351700
Prev. Close Volume Bid Ask Time
0.45934113 0.44006938 0.47157792 2020-03-30 06:01:05
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