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Forex Trend Analysis Report

Prepared for you on Thursday, March 30, 2023.

Euro/Nepalese Rupee (FOREX:EURNPR)

Countertrend Up (+85) - EURNPR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
142.368 142.368 142.368 142.368 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNPR

long term up The long-term trend has been UP since Nov 21st, 2022 at 131.569

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2023 at 140.458

short term up The short-term trend has been UP since Mar 17th, 2023 at 139.442

Smart Scan Analysis for EURNPR

Based on our trend formula, EURNPR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
142.368 142.368 142.368 142.368 0.000
Prev. Close Volume Bid Ask Time
142.989 2023-03-28 13:24:49
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