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Forex Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

Mauritius Rupee/British Pound (FOREX:MURGBP)

Weak Downtrend (-65) - MURGBP is showing signs of a strengthening downtrend. Monitor MURGBP as it may be building momentum to the downside.

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
0.02037066 0.02040835 0.02003253 0.02020280 -0.00016800
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 0.02010324

intermediate term up The intermediate-term trend has been UP since May 12th, 2020 at 0.02050091

short term down The short-term trend has been DOWN since May 25th, 2020 at 0.02040477

Smart Scan Analysis for MURGBP

Based on our trend formula, MURGBP is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02037066 0.02040835 0.02003253 0.02020280 -0.00016800
Prev. Close Volume Bid Ask Time
0.02037066 0.01952363 0.02088196 2020-05-29 17:18:38
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