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Forex Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

British Pound/Nepalese Rupee (FOREX:GBPNPR)

Sidelines Mode (+55) - GBPNPR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
162.6717 162.6717 162.6717 162.6717 0.0000
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 down The short-term trend has been DOWN since Mar 4th, 2021 at 163.56463

Smart Scan Analysis for GBPNPR

Based on our trend formula, GBPNPR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for GBPNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
162.6717 162.6717 162.6717 162.6717 0.0000
Prev. Close Volume Bid Ask Time
162.6717 2021-03-04 21:09:26
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