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Forex Trend Analysis Report

Prepared for you on Monday, November 25, 2024.

Mauritius Rupee/British Pound (FOREX:MURGBP)

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

Is it time to buy, sell, or avoid MURGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for MURGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MURGBP
Open High Low MURGBP Price Change
0.01696161 0.01699794 0.01695392 0.01695392 -0.00000800
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term up The long-term trend has been UP since Nov 19th, 2024 at 0.01706094

intermediate term up The intermediate-term trend has been UP since Oct 8th, 2024 at 0.01660735

short term down The short-term trend has been DOWN since Nov 24th, 2024 at 0.01696356

Smart Scan Analysis for MURGBP

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

+75
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01696161 0.01699794 0.01695392 0.01695392 -0.00000800
Prev. Close Volume Bid Ask Time
0.01696161 2024-11-25 01:36:22
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