Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
US Dollar/Mauritius Rupee (FOREX:USDMUR)
Strong Uptrend (+100) - USDMUR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, USDMUR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for USDMUR
The long-term trend has been UP since Oct 11th, 2020 at 40.703747
The intermediate-term trend has been UP since Mar 1st, 2021 at 40.160000
The short-term trend has been UP since Apr 15th, 2021 at 41.210000
Smart Scan Analysis for USDMUR
Based on our trend formula, USDMUR is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).