Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 18, 2017.

Euro/Nepalese Rupee (FOREX:EURNPR)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_EURNPR
Open High Low EURNPR Price Change
120.893 120.893 120.893 120.893 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNPR

long term down The long term trend has been DOWN since Nov 7th, 2017 at 120.468

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2017 at 122.665

short term down The short term trend has been DOWN since Nov 7th, 2017 at 121.080

Smart Scan Analysis for EURNPR

Based on a pre-defined weighted trend formula for chart analysis, EURNPR scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for EURNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.893 120.893 120.893 120.893 0.000
Prev. Close Volume Bid Ask Time
120.893 119.193 122.593 2017-12-18 03:40:49
Want to analyze Euro/Nepalese Rupee EURNPR or another symbol? Try our Free Forex Trend Analysis Report.