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Forex Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

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
46.80000 47.08306 46.35000 46.67000 -0.13000
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long-term trend has been UP since Apr 15th, 2024 at 47.390000

intermediate term up The intermediate-term trend has been UP since Jun 9th, 2024 at 46.505394

short term up The short-term trend has been UP since Jun 17th, 2024 at 46.940000

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
46.80000 47.08306 46.35000 46.67000 -0.13000
Prev. Close Volume Bid Ask Time
46.80000 2024-06-18 17:29:01
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