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Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
US Dollar/Mauritius Rupee (FOREX:USDMUR)
Bull Market Weakness (+75) - USDMUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDMUR as it may be in the beginning stages of a reversal.
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 Oct 11th, 2020 at 40.703747
The intermediate-term trend has been UP since Sep 16th, 2021 at 43.060000
The short-term trend has been DOWN since Oct 20th, 2021 at 42.600000
Smart Scan Analysis for USDMUR
Based on our trend formula, USDMUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 42.610000 | 43.399281 | 42.597367 | 42.901455 | +0.291455 |
| Prev. Close | Volume | Bid | Ask | Time |
| 42.610000 | 2021-10-21 07:00:54 |