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Forex Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

Long-Term Uptrend (+90) - USDMUR is in a strong uptrend that is likely to continue. While USDMUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
39.844983 40.455223 39.844983 40.180099 +0.335116
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long-term trend has been UP since Feb 17th, 2019 at 34.9565

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2020 at 38.0500

short term up The short-term trend has been UP since May 29th, 2020 at 40.3000

Smart Scan Analysis for USDMUR

Based on our trend formula, USDMUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.844983 40.455223 39.844983 40.180099 +0.335116
Prev. Close Volume Bid Ask Time
39.844983 38.829356 41.530842 2020-05-29 17:18:38
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