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Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2024.

Euro/Mauritius Rupee (FOREX:EURMUR)

Countertrend Up (+85) - EURMUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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.

FOREX_EURMUR
Open High Low EURMUR Price Change
50.63 50.87 50.46 50.80 +0.17
Entry Signal

MarketClub’s Trade Triangles for EURMUR

long term up The long-term trend has been UP since Jul 1st, 2024 at 50.83

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2024 at 50.52

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 50.69

Smart Scan Analysis for EURMUR

Based on our trend formula, EURMUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.63 50.87 50.46 50.80 +0.17
Prev. Close Volume Bid Ask Time
50.96 2024-07-19 17:04:41
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