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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Mauritius Rupee/Euro (FOREX:MUREUR)

Crossroads (-60) - MUREUR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.01983521 0.02007029 0.01974115 0.01992222 +0.00008700
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term up The long-term trend has been UP since Mar 12th, 2024 at 0.02114502

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.01981161

short term down The short-term trend has been DOWN since Jun 24th, 2024 at 0.01979198

Smart Scan Analysis for MUREUR

Based on our trend formula, MUREUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01983521 0.02007029 0.01974115 0.01992222 +0.00008700
Prev. Close Volume Bid Ask Time
0.01983521 2024-06-25 09:05:45
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