Forex Trend Analysis Report
Prepared for you on Thursday, February 25, 2021.
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.
MarketClub’s Trade Triangles for NPREUR
The long-term trend has been DOWN since Jul 15th, 2020 at 0.00731155
The intermediate-term trend has been UP since Jan 12th, 2021 at 0.00697302
The short-term trend has been UP since Feb 18th, 2021 at 0.00710048
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).