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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Mauritius Rupee/Euro (FOREX:MUREUR)

Long-Term Uptrend (+90) - MUREUR is in a strong uptrend that is likely to continue. While MUREUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid MUREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MUREUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MUREUR
Open High Low MUREUR Price Change
0.02041896 0.02054493 0.02038563 0.02039811 -0.00002100
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term up The long-term trend has been UP since Oct 21st, 2024 at 0.02003407

intermediate term up The intermediate-term trend has been UP since Sep 10th, 2024 at 0.01970610

short term up The short-term trend has been UP since Nov 18th, 2024 at 0.02023697

Smart Scan Analysis for MUREUR

Based on our trend formula, MUREUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02041896 0.02054493 0.02038563 0.02039811 -0.00002100
Prev. Close Volume Bid Ask Time
0.02041896 2024-11-20 23:57:48
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