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.
MarketClub’s Trade Triangles for GBPNPR
The long-term trend has been DOWN since Aug 20th, 2021 at 163.23153
The intermediate-term trend has been UP since Oct 14th, 2021 at 162.84156
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).