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Forex Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

Euro/Nepalese Rupee (FOREX:EURNPR)

Countertrend Down (-85) - EURNPR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
131.252 131.252 131.252 131.252 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNPR

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 140.292

intermediate term down The intermediate-term trend has been DOWN since Jun 10th, 2022 at 132.246

short term up The short-term trend has been UP since Jun 29th, 2022 at 131.357

Smart Scan Analysis for EURNPR

Based on our trend formula, EURNPR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for EURNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
131.252 131.252 131.252 131.252 0.000
Prev. Close Volume Bid Ask Time
131.252 2022-06-30 07:21:50
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