Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Euro/Mauritanian Ouguiya (FOREX:EURMRU)
Bear Market Rally (-75) - EURMRU is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURMRU as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid EURMRU?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMRU.
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 EURMRU
The long-term trend has been DOWN since Apr 17th, 2024 at 42.520
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 43.154
The short-term trend has been UP since Apr 25th, 2024 at 42.267
Smart Scan Analysis for EURMRU
Based on our trend formula, EURMRU is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.31 | 42.31 | 42.31 | 42.31 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.31 | 2024-04-25 21:00:57 |