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Forex Trend Analysis Report
Prepared for you on Tuesday, February 4, 2025.
Euro/Mauritius Rupee (FOREX:EURMUR)
Sidelines Mode (-55) - EURMUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Oct 21st, 2024 at 49.96
The intermediate-term trend has been UP since Feb 3rd, 2025 at 48.84
The short-term trend has been DOWN since Feb 4th, 2025 at 48.34
Smart Scan Analysis for EURMUR
Based on our trend formula, EURMUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.39 | 48.79 | 48.33 | 48.77 | +0.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.39 | 2025-02-04 20:42:22 |