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.
MarketClub’s Trade Triangles for MURGBP
The long-term trend has been DOWN since Apr 14th, 2020 at 0.02010324
The intermediate-term trend has been UP since May 12th, 2020 at 0.02050091
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).