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Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

Weak Downtrend (-65) - USDMUR is showing signs of a strengthening downtrend. Monitor USDMUR as it may be building momentum to the downside.

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
44.100000 44.299067 44.100000 44.110000 +0.010000
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term down The long-term trend has been DOWN since Sep 13th, 2023 at 45.00

intermediate term up The intermediate-term trend has been UP since Nov 20th, 2023 at 45.15

short term down The short-term trend has been DOWN since Dec 6th, 2023 at 44.15

Smart Scan Analysis for USDMUR

Based on our trend formula, USDMUR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.100000 44.299067 44.100000 44.110000 +0.010000
Prev. Close Volume Bid Ask Time
44.100000 2023-12-08 20:32:19
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