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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Mauritius Rupee (FOREX:USDMUR)
Weak Uptrend (+65) - USDMUR is showing signs of weakening momentum to the upside. Monitor USDMUR as it may be in the beginning stages of a reversal.
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.
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MarketClub’s Trade Triangles for USDMUR
The long-term trend has been UP since Nov 7th, 2024 at 46.83
The intermediate-term trend has been UP since Nov 7th, 2024 at 46.60
The short-term trend has been DOWN since Nov 18th, 2024 at 46.89
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 46.32 | 46.35 | 46.32 | 46.35 | +0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 46.32 | 2024-11-20 00:02:26 |