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Forex Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

Euro/Mauritius Rupee (FOREX:EURMUR)

Bear Market Rally (-75) - EURMUR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURMUR as it may be in the beginning of a reversal.

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.

FOREX_EURMUR
Open High Low EURMUR Price Change
48.76 49.50 48.76 48.86 +0.10
Entry Signal

MarketClub’s Trade Triangles for EURMUR

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 49.25

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2021 at 49.84

short term down The short-term trend has been DOWN since Jan 25th, 2022 at 48.93

Smart Scan Analysis for EURMUR

Based on our trend formula, EURMUR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
48.76 49.50 48.76 48.86 +0.10
Prev. Close Volume Bid Ask Time
48.76 2022-01-27 19:52:45
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