Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Nepalese Rupee/Euro (FOREX:NPREUR)
Weak Downtrend (-65) - NPREUR is showing signs of a strengthening downtrend. Monitor NPREUR as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for NPREUR
The long-term trend has been UP since Aug 9th, 2021 at 0.00712904
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.00721531
The short-term trend has been DOWN since Oct 6th, 2021 at 0.00723573
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).