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Forex Trend Analysis Report

Prepared for you on Tuesday, September 21, 2021.

Mauritius Rupee/South African Rand (FOREX:MURZAR)

Bull Market Weakness (+75) - MURZAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MURZAR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid MURZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for MURZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MURZAR
Open High Low MURZAR Price Change
0.34847784 0.34857907 0.34638875 0.34816405 -0.00031400
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term down The long-term trend has been DOWN since Sep 9th, 2021 at 0.33014724

intermediate term up The intermediate-term trend has been UP since Sep 20th, 2021 at 0.34634366

short term up The short-term trend has been UP since Sep 14th, 2021 at 0.33621020

Smart Scan Analysis for MURZAR

Based on our trend formula, MURZAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for MURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.34847784 0.34857907 0.34638875 0.34816405 -0.00031400
Prev. Close Volume Bid Ask Time
0.34847784 2021-09-21 06:13:46
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