Forex Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Euro/Nepalese Rupee (FOREX:EURNPR)
Crossroads (-60) - EURNPR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for EURNPR
The long-term trend has been DOWN since Aug 9th, 2021 at 140.292
The intermediate-term trend has been UP since Oct 14th, 2021 at 138.615
The short-term trend has been UP since Oct 6th, 2021 at 138.224
Smart Scan Analysis for EURNPR
Based on our trend formula, EURNPR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).