Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Euro/Mauritius Rupee (FOREX:EURMUR)
Strong Downtrend (-100) - EURMUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURMUR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURMUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURMUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for EURMUR
The long-term trend has been DOWN since Oct 21st, 2024 at 49.96
The intermediate-term trend has been DOWN since Sep 10th, 2024 at 50.79
The short-term trend has been DOWN since Oct 15th, 2024 at 50.32
Smart Scan Analysis for EURMUR
Based on our trend formula, EURMUR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.77 | 49.96 | 49.77 | 49.83 | +0.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.77 | 2024-10-25 12:46:31 |