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Forex Trend Analysis Report

Prepared for you on Sunday, December 10, 2023.

Euro/Nepalese Rupee (FOREX:EURNPR)

Bear Market Rally (-75) - EURNPR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURNPR as it may be in the beginning of a reversal.

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
143.855 143.855 143.855 143.855 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNPR

long term down The long-term trend has been DOWN since Oct 13th, 2023 at 141.662

intermediate term up The intermediate-term trend has been UP since Oct 19th, 2023 at 140.093

short term down The short-term trend has been DOWN since Dec 6th, 2023 at 144.757

Smart Scan Analysis for EURNPR

Based on our trend formula, EURNPR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
143.855 143.855 143.855 143.855 0.000
Prev. Close Volume Bid Ask Time
143.855 2023-12-08 20:32:21
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