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Forex Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

Nepalese Rupee/British Pound (FOREX:NPRGBP)

Countertrend Up (+85) - NPRGBP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid NPRGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for NPRGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_NPRGBP
Open High Low NPRGBP Price Change
0.00602166 0.00602166 0.00602166 0.00602166 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPRGBP

long term up The long-term trend has been UP since Apr 15th, 2024 at 0.00599760

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2024 at 0.00594261

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.00594434

Smart Scan Analysis for NPRGBP

Based on our trend formula, NPRGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NPRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00602166 0.00602166 0.00602166 0.00602166 0.00000000
Prev. Close Volume Bid Ask Time
0.00602166 2024-04-20 01:08:56
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