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Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

British Pound/Nepalese Rupee (FOREX:GBPNPR)

Sidelines Mode (+50) - GBPNPR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until GBPNPR can gain momentum.

Is it time to buy, sell, or avoid GBPNPR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPNPR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPNPR
Open High Low GBPNPR Price Change
165.25742 165.25742 165.25742 165.25742 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPNPR

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 163.23153

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 162.84156

short term up The short-term trend has been UP since Oct 4th, 2021 at 161.56300

Smart Scan Analysis for GBPNPR

Based on our trend formula, GBPNPR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for GBPNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.25742 165.25742 165.25742 165.25742 0.00000
Prev. Close Volume Bid Ask Time
165.25742 2021-10-25 07:22:35
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