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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.

FOREX_USDMUR
Open High Low USDMUR Price Change
42.610000 43.399281 42.597367 42.901455 +0.291455
Entry Signal

MarketClub’s Trade Triangles for USDMUR

long term up The long-term trend has been UP since Oct 11th, 2020 at 40.703747

intermediate term up The intermediate-term trend has been UP since Sep 16th, 2021 at 43.060000

short term down 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).

+75
Smart Scan Analysis for USDMUR
Strong Downtrend Sideways 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
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