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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Nepalese Rupee/Euro (FOREX:NPREUR)

Bull Market Weakness (+75) - NPREUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NPREUR as it may be in the beginning stages of a reversal.

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.

FOREX_NPREUR
Open High Low NPREUR Price Change
0.00700802 0.00700802 0.00700802 0.00700802 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPREUR

long term up The long-term trend has been UP since Nov 18th, 2024 at 0.00689750

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 0.00674438

short term up The short-term trend has been UP since Nov 18th, 2024 at 0.00688558

Smart Scan Analysis for NPREUR

Based on our trend formula, NPREUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NPREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00700802 0.00700802 0.00700802 0.00700802 0.00000000
Prev. Close Volume Bid Ask Time
0.00700802 2024-11-19 21:06:20
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