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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
British Pound/Nepalese Rupee (FOREX:GBPNPR)
Weak Downtrend (-65) - GBPNPR is showing signs of a strengthening downtrend. Monitor GBPNPR as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for GBPNPR
The long-term trend has been UP since Jun 5th, 2024 at 170.10860
The intermediate-term trend has been DOWN since Oct 10th, 2024 at 176.91276
The short-term trend has been DOWN since Oct 10th, 2024 at 176.94174
Smart Scan Analysis for GBPNPR
Based on our trend formula, GBPNPR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 174.68283 | 174.68283 | 174.68283 | 174.68283 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 174.57591 | 2024-10-23 07:25:22 |