Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Mauritius Rupee/US Dollar (FOREX:MURUSD)
Weak Downtrend (-65) - MURUSD is showing signs of a strengthening downtrend. Monitor MURUSD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MURUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MURUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MURUSD
The long-term trend has been DOWN since Oct 11th, 2020 at 0.02458487
The intermediate-term trend has been DOWN since Sep 16th, 2021 at 0.02323594
The short-term trend has been DOWN since Oct 14th, 2021 at 0.02323594
Smart Scan Analysis for MURUSD
Based on our trend formula, MURUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).