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Forex Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

British Pound/Nepalese Rupee (FOREX:GBPNPR)

Strong Uptrend (+100) - GBPNPR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, GBPNPR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in 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
172.07159 172.25142 172.07159 172.25142 +0.17983
Entry Signal

MarketClub’s Trade Triangles for GBPNPR

long term up The long-term trend has been UP since Jun 5th, 2024 at 170.10860

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 170.42913

short term up The short-term trend has been UP since Jul 4th, 2024 at 169.25090

Smart Scan Analysis for GBPNPR

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

+100
Smart Scan Analysis for GBPNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
172.07159 172.25142 172.07159 172.25142 +0.17983
Prev. Close Volume Bid Ask Time
172.94041 2024-07-11 21:07:06
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