Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

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.

Open High Low EURMUR Price Change
47.57 47.58 47.55 47.55 -0.02
Entry Signal

MarketClub’s Trade Triangles for EURMUR

long term down The long-term trend has been DOWN since Sep 6th, 2023 at 48.67

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 47.08

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 48.26

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).

Smart Scan Analysis for EURMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.57 47.58 47.55 47.55 -0.02
Prev. Close Volume Bid Ask Time
47.57 2023-12-08 02:06:42
Get a free daily analysis and signals for Euro/Mauritius Rupee (EURMUR) - Request Your Free Report.