Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Mauritanian Ouguiya (FOREX:USDMRU)
Bull Market Weakness (+75) - USDMRU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDMRU as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDMRU?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDMRU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for USDMRU
The long-term trend has been UP since Oct 27th, 2024 at 39.850000
The intermediate-term trend has been DOWN since Nov 27th, 2024 at 39.656604
The short-term trend has been UP since Dec 10th, 2024 at 39.895000
Smart Scan Analysis for USDMRU
Based on our trend formula, USDMRU is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 39.855929 | 39.855929 | 39.855929 | 39.855929 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 39.855929 | 2024-12-25 04:48:05 |