Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Euro/Nepalese Rupee (FOREX:EURNPR)
Weak Downtrend (-65) - EURNPR is showing signs of a strengthening downtrend. Monitor EURNPR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURNPR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURNPR.
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 EURNPR
The long-term trend has been DOWN since Apr 22nd, 2024 at 142.256
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 143.411
The short-term trend has been UP since May 3rd, 2024 at 143.259
Smart Scan Analysis for EURNPR
Based on our trend formula, EURNPR is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-65
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 143.448 | 143.448 | 143.448 | 143.448 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 143.632 | 2024-05-05 21:01:59 |
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