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Forex Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

Euro/Nepalese Rupee (FOREX:EURNPR)

Long-Term Downtrend (-90) - EURNPR is in a strong downtrend that is likely to continue. While EURNPR is showing intraday strength, it remains in the confines of a bearish trend. 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.

FOREX_EURNPR
Open High Low EURNPR Price Change
123.276 123.276 123.276 123.276 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNPR

long term down The long-term trend has been DOWN since Jan 29th, 2020 at 125.466

intermediate term down The intermediate-term trend has been DOWN since Jan 12th, 2020 at 126.262

short term down The short-term trend has been DOWN since Feb 5th, 2020 at 125.892

Smart Scan Analysis for EURNPR

Based on our trend formula, EURNPR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for EURNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
123.276 123.276 123.276 123.276 0.000
Prev. Close Volume Bid Ask Time
124.792 121.576 124.976 2020-02-19 07:21:16
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