Forex Trend Analysis Report
Prepared for you on Tuesday, March 9, 2021.
Euro/Nepalese Rupee (FOREX:EURNPR)
Strong Downtrend (-100) - EURNPR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for EURNPR
The long-term trend has been DOWN since Mar 7th, 2021 at 139.581
The intermediate-term trend has been DOWN since Mar 7th, 2021 at 140.147
The short-term trend has been DOWN since Mar 4th, 2021 at 140.740
Smart Scan Analysis for EURNPR
Based on our trend formula, EURNPR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).