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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

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
142.275 142.275 142.275 142.275 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNPR

long term up The long-term trend has been UP since Mar 6th, 2020 at 128.700

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2020 at 138.424

short term up The short-term trend has been UP since Nov 27th, 2020 at 141.050

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
142.275 142.275 142.275 142.275 0.000
Prev. Close Volume Bid Ask Time
143.389 2020-12-02 21:03:02
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