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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Nepalese Rupee/US Dollar (FOREX:NPRUSD)

Sidelines Mode (+55) - NPRUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NPRUSD
Open High Low NPRUSD Price Change
0.00754011 0.00754011 0.00754011 0.00754011 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPRUSD

long term up The long-term trend has been UP since Jan 7th, 2024 at 0.00754437

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2024 at 0.00753592

short term down The short-term trend has been DOWN since Mar 11th, 2024 at 0.00755815

Smart Scan Analysis for NPRUSD

Based on our trend formula, NPRUSD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NPRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00754011 0.00754011 0.00754011 0.00754011 0.00000000
Prev. Close Volume Bid Ask Time
0.00754011 2024-03-18 08:25:57
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