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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Maldivian Rufiyaa/US Dollar (FOREX:MVRUSD)
Weak Downtrend (-65) - MVRUSD is showing signs of a strengthening downtrend. Monitor MVRUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MVRUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MVRUSD.
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 MVRUSD
The long-term trend has been DOWN since Nov 15th, 2023 at 0.06466783
The intermediate-term trend has been UP since Apr 9th, 2024 at 0.06473577
The short-term trend has been DOWN since Apr 19th, 2024 at 0.06471428
Smart Scan Analysis for MVRUSD
Based on our trend formula, MVRUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.06469388 | 0.06469388 | 0.06469388 | 0.06469388 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.06473577 | 2024-04-23 12:02:04 |