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Forex Trend Analysis Report

Prepared for you on Tuesday, February 4, 2025.

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
0.01712561 0.01719202 0.01705845 0.01706843 -0.00005700
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 Feb 2nd, 2025 at 0.01721928

short term down The short-term trend has been DOWN since Jan 31st, 2025 at 0.01728509

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
0.01712561 0.01719202 0.01705845 0.01706843 -0.00005700
Prev. Close Volume Bid Ask Time
0.01712561 2025-02-04 20:42:22
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