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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

US Dollar/Mauritius Rupee (FOREX:USDMUR)

Countertrend Down (-85) - USDMUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
44.630000 44.660000 44.630000 44.645454 +0.015454
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term down The long-term trend has been DOWN since Sep 13th, 2023 at 45.00

intermediate term down The intermediate-term trend has been DOWN since Sep 12th, 2023 at 45.14

short term up The short-term trend has been UP since Sep 21st, 2023 at 44.90

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
44.630000 44.660000 44.630000 44.645454 +0.015454
Prev. Close Volume Bid Ask Time
44.630000 2023-09-22 08:35:57
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