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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.

FOREX_USDMUR
Open High Low USDMUR Price Change
45.305488 45.760000 45.290000 45.595153 +0.289665
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long-term trend has been UP since Jun 27th, 2022 at 45.400000

intermediate term up The intermediate-term trend has been UP since May 2nd, 2022 at 43.810000

short term up 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).

+90
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways 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
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