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Forex Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
Mauritius Rupee/Euro (FOREX:MUREUR)
Countertrend Down (-85) - MUREUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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.
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MarketClub’s Trade Triangles for MUREUR
The long-term trend has been DOWN since Dec 1st, 2022 at 0.02161161
The intermediate-term trend has been DOWN since Nov 7th, 2022 at 0.02223209
The short-term trend has been UP since Feb 6th, 2023 at 0.02064683
Smart Scan Analysis for MUREUR
Based on our trend formula, MUREUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.02050697 | 0.02088858 | 0.02045240 | 0.02053648 | +0.00003000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02050697 | 2023-02-07 12:25:50 |