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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

Sidelines Mode (+55) - USDMUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid USDMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDMUR
Open High Low USDMUR Price Change
46.420000 46.420000 46.267842 46.350000 -0.070000
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long-term trend has been UP since Apr 15th, 2024 at 47.39000

intermediate term up The intermediate-term trend has been UP since Mar 17th, 2024 at 46.05363

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 46.48000

Smart Scan Analysis for USDMUR

Based on our trend formula, USDMUR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.420000 46.420000 46.267842 46.350000 -0.070000
Prev. Close Volume Bid Ask Time
46.420000 2024-04-26 07:18:53
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