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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

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
142.467 142.467 142.467 142.467 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNPR

long term down The long-term trend has been DOWN since Nov 18th, 2024 at 145.000

intermediate term down The intermediate-term trend has been DOWN since Oct 4th, 2024 at 148.291

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 145.251

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
142.467 142.467 142.467 142.467 0.000
Prev. Close Volume Bid Ask Time
142.467 2024-11-20 19:11:58
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