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Forex Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

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
148.22306 148.22306 148.22306 148.22306 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 down The intermediate-term trend has been DOWN since Apr 29th, 2020 at 151.07479

short term up The short-term trend has been UP since May 19th, 2020 at 147.89257

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
148.22306 148.22306 148.22306 148.22306 0.00000
Prev. Close Volume Bid Ask Time
148.02026 146.32438 150.12174 2020-05-21 21:08:22
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