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Forex Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

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
0.02042313 0.02042313 0.02033169 0.02033583 -0.00008700
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 down The short-term trend has been DOWN since Dec 4th, 2024 at 0.02032342

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
0.02042313 0.02042313 0.02033169 0.02033583 -0.00008700
Prev. Close Volume Bid Ask Time
0.02042313 2024-12-05 10:47:44
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