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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Nepalese Rupee/Euro (FOREX:NPREUR)

Countertrend Up (+85) - NPREUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
0.00703731 0.00703731 0.00703731 0.00703731 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPREUR

long term up The long-term trend has been UP since Apr 22nd, 2024 at 0.00703059

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 0.00697395

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.00692713

Smart Scan Analysis for NPREUR

Based on our trend formula, NPREUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NPREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00703731 0.00703731 0.00703731 0.00703731 0.00000000
Prev. Close Volume Bid Ask Time
0.00703731 2024-04-23 07:26:26
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