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Forex Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

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
0.35104075 0.35200768 0.34405610 0.34405610 -0.00698500
Entry Signal

MarketClub’s Trade Triangles for MURZAR

long term up The long-term trend has been UP since Nov 18th, 2021 at 0.36317621

intermediate term down The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.35898076

short term down The short-term trend has been DOWN since Jan 20th, 2022 at 0.34900128

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
0.35104075 0.35200768 0.34405610 0.34405610 -0.00698500
Prev. Close Volume Bid Ask Time
0.35104075 2022-01-20 10:46:28
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