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Forex Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

British Pound/Nepalese Rupee (FOREX:GBPNPR)

Bear Market Rally (-75) - GBPNPR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on GBPNPR as it may be in the beginning of a reversal.

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
160.32188 160.32188 160.32188 160.32188 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPNPR

long term down The long-term trend has been DOWN since Mar 3rd, 2023 at 158.12208

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2023 at 158.45593

short term up The short-term trend has been UP since Mar 17th, 2023 at 157.34557

Smart Scan Analysis for GBPNPR

Based on our trend formula, GBPNPR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for GBPNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
160.32188 160.32188 160.32188 160.32188 0.00000
Prev. Close Volume Bid Ask Time
160.32188 2023-03-18 03:55:54
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