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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

US Dollar/Mauritanian Ouguiya (FOREX:USDMRU)

Crossroads (-60) - USDMRU is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDMRU
Open High Low USDMRU Price Change
33.939057 33.939057 33.939057 33.939057 0.000000
Entry Signal

MarketClub’s Trade Triangles for USDMRU

long term up The long-term trend has been UP since Dec 2nd, 2022 at 79.075

intermediate term down The intermediate-term trend has been DOWN since Mar 8th, 2023 at 34.800

short term down The short-term trend has been DOWN since Mar 3rd, 2023 at 35.605

Smart Scan Analysis for USDMRU

Based on our trend formula, USDMRU is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDMRU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.939057 33.939057 33.939057 33.939057 0.000000
Prev. Close Volume Bid Ask Time
33.939057 2023-03-18 03:55:54
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