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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Nepalese Rupee/Euro (FOREX:NPREUR)
Countertrend Down (-85) - NPREUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid NPREUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for NPREUR.
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 NPREUR
The long-term trend has been DOWN since May 16th, 2024 at 0.00690274
The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00693270
The short-term trend has been UP since Jul 21st, 2024 at 0.00686275
Smart Scan Analysis for NPREUR
Based on our trend formula, NPREUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00687734 | 0.00687734 | 0.00687734 | 0.00687734 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00687734 | 2024-07-26 07:26:03 |