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.
MarketClub’s Trade Triangles for MURZAR
The long-term trend has been DOWN since Sep 9th, 2021 at 0.33014724
The intermediate-term trend has been UP since Sep 20th, 2021 at 0.34634366
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).