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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

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
35.991879 35.991879 35.950000 35.950000 -0.041879
Entry Signal

MarketClub’s Trade Triangles for USDMRU

long term down The long-term trend has been DOWN since Dec 4th, 2020 at 36.850000

intermediate term up The intermediate-term trend has been UP since Feb 18th, 2021 at 36.403521

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 36.000000

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
35.991879 35.991879 35.950000 35.950000 -0.041879
Prev. Close Volume Bid Ask Time
36.009546 2021-02-24 15:42:06
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