Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
Mauritius Rupee/South African Rand (FOREX:MURZAR)
Weak Downtrend (-65) - MURZAR is showing signs of a strengthening downtrend. Monitor MURZAR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for MURZAR
The long-term trend has been DOWN since Jan 11th, 2023 at 0.38156263
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.38786839
The short-term trend has been DOWN since Mar 23rd, 2023 at 0.39061034
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).