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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Nepalese Rupee/US Dollar (FOREX:NPRUSD)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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_NPRUSD
Open High Low NPRUSD Price Change
0.008852 0.008852 0.008852 0.008852 0.000000
Entry Signal

MarketClub’s Trade Triangles for NPRUSD

long term up The long term trend has been UP since Dec 2nd, 2018 at 0.008838

intermediate term up The intermediate term trend has been UP since Nov 4th, 2018 at 0.008559

short term down The short term trend has been DOWN since Dec 6th, 2018 at 0.008820

Smart Scan Analysis for NPRUSD

Based on a pre-defined weighted trend formula for chart analysis, NPRUSD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for NPRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008852 0.008852 0.008852 0.008852 0.000000
Prev. Close Volume Bid Ask Time
0.008852 0.008735 0.008968 2018-12-09 20:47:07
Want to analyze Nepalese Rupee/US Dollar NPRUSD or another symbol? Try our Free Forex Trend Analysis Report.