Forex Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
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 Apr 14th, 2021 at 49.01
The intermediate-term trend has been UP since Apr 7th, 2021 at 48.45
The short-term trend has been UP since May 7th, 2021 at 49.14
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).