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Forex Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
US Dollar/Mauritius Rupee (FOREX:USDMUR)
Long-Term Uptrend (+90) - USDMUR is in a strong uptrend that is likely to continue. While USDMUR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
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MarketClub’s Trade Triangles for USDMUR
The long-term trend has been UP since Jun 27th, 2022 at 45.400000
The intermediate-term trend has been UP since May 2nd, 2022 at 43.810000
The short-term trend has been UP since Jul 5th, 2022 at 45.854636
Smart Scan Analysis for USDMUR
Based on our trend formula, USDMUR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.305488 | 45.760000 | 45.290000 | 45.595153 | +0.289665 |
| Prev. Close | Volume | Bid | Ask | Time |
| 45.305488 | 2022-07-06 13:54:24 |