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Forex Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
Mauritius Rupee/South African Rand (FOREX:MURZAR)
Countertrend Up (+85) - MURZAR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Dec 18th, 2024 at 0.39242026
The intermediate-term trend has been UP since Dec 18th, 2024 at 0.39141136
The short-term trend has been DOWN since Jan 30th, 2025 at 0.39992632
Smart Scan Analysis for MURZAR
Based on our trend formula, MURZAR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.40044806 | 0.40071249 | 0.39967788 | 0.40071249 | +0.00026400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.40044806 | 2025-02-05 00:49:45 |