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Forex Trend Analysis Report

Prepared for you on Thursday, March 4, 2021.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

Countertrend Up (+85) - USDMUR 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 USDMUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDMUR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDMUR
Open High Low USDMUR Price Change
39.910407 40.150000 39.800000 39.970000 +0.059593
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long-term trend has been UP since Oct 11th, 2020 at 40.703747

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2021 at 40.160000

short term down The short-term trend has been DOWN since Mar 3rd, 2021 at 39.650000

Smart Scan Analysis for USDMUR

Based on our trend formula, USDMUR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.910407 40.150000 39.800000 39.970000 +0.059593
Prev. Close Volume Bid Ask Time
39.910407 2021-03-04 03:31:39
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