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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

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.

FOREX_USDMRU
Open High Low USDMRU Price Change
39.581402 39.581402 39.581402 39.581402 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDMRU

long term down The long-term trend has been DOWN since Feb 15th, 2024 at 39.043562

intermediate term up The intermediate-term trend has been UP since Apr 10th, 2024 at 40.050000

short term down The short-term trend has been DOWN since Apr 17th, 2024 at 39.670000

Smart Scan Analysis for USDMRU

Based on our trend formula, USDMRU is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for USDMRU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.581402 39.581402 39.581402 39.581402 0.000000
Prev. Close Volume Bid Ask Time
39.581402 2024-04-18 07:26:28
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