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Forex Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

Mauritius Rupee/British Pound (FOREX:MURGBP)

Sidelines Mode (-55) - MURGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
0.01902663 0.01911285 0.01881697 0.01886274 -0.00016400
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term up The long-term trend has been UP since Aug 23rd, 2022 at 0.01911657

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2022 at 0.01929756

short term up The short-term trend has been UP since Nov 29th, 2022 at 0.01910061

Smart Scan Analysis for MURGBP

Based on our trend formula, MURGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01902663 0.01911285 0.01881697 0.01886274 -0.00016400
Prev. Close Volume Bid Ask Time
0.01902663 2022-11-29 06:33:24
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