Forex Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
US Dollar/Mauritius Rupee (FOREX:USDMUR)
Crossroads (-60) - USDMUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for USDMUR
The long-term trend has been UP since Feb 2nd, 2023 at 45.351383
The intermediate-term trend has been DOWN since Mar 24th, 2023 at 46.050000
The short-term trend has been DOWN since Mar 17th, 2023 at 46.550000
Smart Scan Analysis for USDMUR
Based on our trend formula, USDMUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).