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Forex Trend Analysis Report

Prepared for you on Monday, July 15, 2024.

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.

FOREX_MURUSD
Open High Low MURUSD Price Change
0.02143688 0.02151996 0.02142769 0.02146911 +0.00003200
Entry Signal

MarketClub’s Trade Triangles for MURUSD

long term down The long-term trend has been DOWN since Apr 15th, 2024 at 0.02111090

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2024 at 0.02151533

short term up The short-term trend has been UP since Jul 1st, 2024 at 0.02143323

Smart Scan Analysis for MURUSD

Based on our trend formula, MURUSD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for MURUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02143688 0.02151996 0.02142769 0.02146911 +0.00003200
Prev. Close Volume Bid Ask Time
0.02143688 2024-07-15 03:12:23
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