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Forex Trend Analysis Report

Prepared for you on Thursday, July 16, 2020.

Euro/Mauritius Rupee (FOREX:EURMUR)

Strong Uptrend (+100) - EURMUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURMUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
45.44 46.20 45.28 45.64 +0.20
Entry Signal

MarketClub’s Trade Triangles for EURMUR

long term up The long-term trend has been UP since May 15th, 2019 at 39.51

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2020 at 40.88

short term up The short-term trend has been UP since Jul 13th, 2020 at 45.66

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).

+100
Smart Scan Analysis for EURMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
45.44 46.20 45.28 45.64 +0.20
Prev. Close Volume Bid Ask Time
45.44 44.14 47.14 2020-07-16 09:56:33
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