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Forex Trend Analysis Report

Prepared for you on Monday, July 13, 2020.

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
40.170000 40.250000 39.849086 40.250000 +0.080000
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long-term trend has been UP since Feb 17th, 2019 at 34.9565

intermediate term up The intermediate-term trend has been UP since Jun 25th, 2020 at 40.4500

short term down The short-term trend has been DOWN since Jul 8th, 2020 at 39.6900

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
40.170000 40.250000 39.849086 40.250000 +0.080000
Prev. Close Volume Bid Ask Time
40.170000 39.250000 41.250000 2020-07-13 05:38:51
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