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Forex Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

Mauritius Rupee/Euro (FOREX:MUREUR)

Strong Downtrend (-100) - MUREUR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution 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.

FOREX_MUREUR
Open High Low MUREUR Price Change
0.02311174 0.02324080 0.02306903 0.02306903 -0.00004300
Entry Signal

MarketClub’s Trade Triangles for MUREUR

long term down The long-term trend has been DOWN since May 15th, 2019 at 0.02535300

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.02449482

short term down The short-term trend has been DOWN since Mar 25th, 2020 at 0.02329501

Smart Scan Analysis for MUREUR

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

-100
Smart Scan Analysis for MUREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02311174 0.02324080 0.02306903 0.02306903 -0.00004300
Prev. Close Volume Bid Ask Time
0.02311174 0.02227172 0.02386635 2020-03-30 06:01:05
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