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Forex Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

Mauritius Rupee/British Pound (FOREX:MURGBP)

Long-Term Uptrend (+90) - MURGBP is in a strong uptrend that is likely to continue. While MURGBP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
0.01851428 0.01853267 0.01840176 0.01851121 -0.00000300
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term up The long-term trend has been UP since Sep 7th, 2023 at 0.01775733

intermediate term up The intermediate-term trend has been UP since Sep 6th, 2023 at 0.01757959

short term up The short-term trend has been UP since Sep 13th, 2023 at 0.01779303

Smart Scan Analysis for MURGBP

Based on our trend formula, MURGBP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MURGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.01851428 0.01853267 0.01840176 0.01851121 -0.00000300
Prev. Close Volume Bid Ask Time
0.01851428 2023-09-28 03:14:42
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