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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Mauritius Rupee/South African Rand (FOREX:MURZAR)
Strong Downtrend (-100) - MURZAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MURZAR continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 16th, 2024 at 0.39211013
The short-term trend has been DOWN since Jul 26th, 2024 at 0.39159826
Smart Scan Analysis for MURZAR
Based on our trend formula, MURZAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.39202329 | 0.39273034 | 0.38957199 | 0.38957199 | -0.00245100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.39202329 | 2024-07-26 14:00:12 |