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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Mauritius Rupee/British Pound (FOREX:MURGBP)

Crossroads (+60) - MURGBP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.01697556 0.01697556 0.01694817 0.01696219 -0.00001300
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 down The intermediate-term trend has been DOWN since Dec 25th, 2024 at 0.01668249

short term down The short-term trend has been DOWN since Dec 25th, 2024 at 0.01692702

Smart Scan Analysis for MURGBP

Based on our trend formula, MURGBP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01697556 0.01697556 0.01694817 0.01696219 -0.00001300
Prev. Close Volume Bid Ask Time
0.01697556 2024-12-26 05:57:50
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