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Forex Trend Analysis Report

Prepared for you on Thursday, October 28, 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
42.695274 43.500589 42.600000 43.053457 +0.358183
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 Sep 16th, 2021 at 43.060000

short term up The short-term trend has been UP since Oct 27th, 2021 at 43.151542

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
42.695274 43.500589 42.600000 43.053457 +0.358183
Prev. Close Volume Bid Ask Time
42.695274 2021-10-28 15:36:33
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