Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

Mauritius Rupee/Euro (FOREX:MUREUR)

Bull Market Weakness (+75) - MUREUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MUREUR as it may be in the beginning stages of a reversal.

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
0.02082327 0.02093235 0.02080593 0.02092358 +0.00010000
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term up The long-term trend has been UP since Sep 6th, 2023 at 0.02056607

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2023 at 0.02126203

short term up The short-term trend has been UP since Nov 30th, 2023 at 0.02074113

Smart Scan Analysis for MUREUR

Based on our trend formula, MUREUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02082327 0.02093235 0.02080593 0.02092358 +0.00010000
Prev. Close Volume Bid Ask Time
0.02082327 2023-12-04 13:53:45
Get a free daily analysis and signals for Mauritius Rupee/Euro (MUREUR) - Request Your Free Report.