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Forex Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
Euro/Mauritius Rupee (FOREX:EURMUR)
Long-Term Uptrend (+90) - EURMUR is in a strong uptrend that is likely to continue. While EURMUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for EURMUR
The long-term trend has been UP since Dec 1st, 2022 at 46.32
The intermediate-term trend has been UP since Nov 7th, 2022 at 45.03
The short-term trend has been UP since Mar 10th, 2023 at 50.30
Smart Scan Analysis for EURMUR
Based on our trend formula, EURMUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 49.99 | 50.30 | 49.82 | 50.04 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 49.99 | 2023-03-21 13:55:26 |