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Forex Trend Analysis Report
Prepared for you on Friday, December 6, 2024.
Mauritius Rupee/South African Rand (FOREX:MURZAR)
Bear Market Rally (-75) - MURZAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MURZAR as it may be in the beginning 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.
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MarketClub’s Trade Triangles for MURZAR
The long-term trend has been DOWN since Apr 9th, 2024 at 0.40130196
The intermediate-term trend has been UP since Nov 13th, 2024 at 0.38736167
The short-term trend has been DOWN since Dec 3rd, 2024 at 0.38774598
Smart Scan Analysis for MURZAR
Based on our trend formula, MURZAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.38715232 | 0.38829900 | 0.38632422 | 0.38661404 | -0.00053800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.38715232 | 2024-12-06 12:45:13 |