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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
US Dollar/Mauritanian Ouguiya (FOREX:USDMRU)
Crossroads (+60) - USDMRU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 DOWN since Feb 15th, 2024 at 39.043562
The intermediate-term trend has been UP since Jul 8th, 2024 at 39.675000
The short-term trend has been UP since Jul 24th, 2024 at 39.740000
Smart Scan Analysis for USDMRU
Based on our trend formula, USDMRU is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.605802 | 39.605802 | 39.605802 | 39.605802 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.605802 | 2024-07-26 07:26:06 |