Free Daily Analysis

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.

FOREX_USDMUR
Open High Low USDMUR Price Change
45.970000 46.001458 45.486701 45.501789 -0.468211
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long-term trend has been UP since Feb 2nd, 2023 at 45.351383

intermediate term down The intermediate-term trend has been DOWN since Mar 24th, 2023 at 46.050000

short term down 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).

-60
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.970000 46.001458 45.486701 45.501789 -0.468211
Prev. Close Volume Bid Ask Time
45.970000 2023-03-31 10:59:13
Get a free daily analysis and signals for US Dollar/Mauritius Rupee (USDMUR) - Request Your Free Report.