Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Monday, March 20, 2023.
US Dollar/Mauritanian Ouguiya (FOREX:USDMRU)
Weak Downtrend (-65) - USDMRU is showing signs of a strengthening downtrend. Monitor USDMRU as it may be building momentum to the downside.
Is it time to buy, sell, or avoid USDMRU?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMRU.
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 USDMRU
The long-term trend has been UP since Dec 2nd, 2022 at 79.075
The intermediate-term trend has been DOWN since Mar 8th, 2023 at 34.800
The short-term trend has been DOWN since Mar 3rd, 2023 at 35.605
Smart Scan Analysis for USDMRU
Based on our trend formula, USDMRU is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 33.939057 | 33.939057 | 33.939057 | 33.939057 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 33.939057 | 2023-03-18 03:55:54 |
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