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Forex Trend Analysis Report

Prepared for you on Tuesday, April 30, 2024.

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
0.01721747 0.01725494 0.01716357 0.01720810 -0.00000900
Entry Signal

MarketClub’s Trade Triangles for MURGBP

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 0.01675868

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2024 at 0.01738014

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 0.01725227

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
0.01721747 0.01725494 0.01716357 0.01720810 -0.00000900
Prev. Close Volume Bid Ask Time
0.01721747 2024-04-30 07:25:53
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