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.
MarketClub’s Trade Triangles for EURMUR
The long-term trend has been UP since May 15th, 2019 at 39.51
The intermediate-term trend has been UP since Feb 24th, 2020 at 40.88
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).