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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

Strong Uptrend (+100) - USDMUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDMUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
39.850000 40.205082 39.800000 39.853643 +0.003643
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long-term trend has been UP since Oct 11th, 2020 at 40.703747

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2021 at 40.160000

short term up The short-term trend has been UP since Mar 5th, 2021 at 40.150000

Smart Scan Analysis for USDMUR

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

+100
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.850000 40.205082 39.800000 39.853643 +0.003643
Prev. Close Volume Bid Ask Time
39.850000 2021-03-05 17:04:12
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