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Forex Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

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
0.46332694 0.46412722 0.45611693 0.45611693 -0.00721000
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term up The long-term trend has been UP since Feb 27th, 2020 at 0.41780449

intermediate term up The intermediate-term trend has been UP since Jan 13th, 2020 at 0.39656165

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 0.45978747

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).

+75
Smart Scan Analysis for MURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.46332694 0.46412722 0.45611693 0.45611693 -0.00721000
Prev. Close Volume Bid Ask Time
0.46332694 0.44022435 0.47200951 2020-04-09 05:00:22
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