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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

Mauritius Rupee/South African Rand (FOREX:MURZAR)

Weak Downtrend (-65) - MURZAR is showing signs of a strengthening downtrend. Monitor MURZAR as it may be building momentum to the downside.

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
0.39556941 0.39906758 0.39556941 0.39817142 +0.00260200
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term down The long-term trend has been DOWN since Jan 11th, 2023 at 0.38156263

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.38786839

short term down The short-term trend has been DOWN since Mar 23rd, 2023 at 0.39061034

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).

-70
Smart Scan Analysis for MURZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.39556941 0.39906758 0.39556941 0.39817142 +0.00260200
Prev. Close Volume Bid Ask Time
0.39556941 2023-03-27 08:36:47
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