Forex Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Mauritius Rupee/US Dollar (FOREX:MURUSD)
Countertrend Down (-85) - MURUSD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 Dec 20th, 2020 at 0.02482918
The short-term trend has been UP since Apr 14th, 2021 at 0.02482918
Smart Scan Analysis for MURUSD
Based on our trend formula, MURUSD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).