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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

British Pound/Nepalese Rupee (FOREX:GBPNPR)

Countertrend Up (+85) - GBPNPR 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 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
158.74266 158.74266 158.74266 158.74266 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPNPR

long term up The long-term trend has been UP since Mar 6th, 2020 at 152.07778

intermediate term up The intermediate-term trend has been UP since Oct 13th, 2020 at 151.93147

short term up The short-term trend has been UP since Nov 23rd, 2020 at 158.10359

Smart Scan Analysis for GBPNPR

Based on our trend formula, GBPNPR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.74266 158.74266 158.74266 158.74266 0.00000
Prev. Close Volume Bid Ask Time
158.05418 2020-11-23 21:07:09
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