Forex Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
Nepalese Rupee/British Pound (FOREX:NPRGBP)
Weak Downtrend (-65) - NPRGBP is showing signs of a strengthening downtrend. Monitor NPRGBP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NPRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NPRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NPRGBP
The long-term trend has been UP since Aug 20th, 2021 at 0.00612717
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.00614186
The short-term trend has been DOWN since Oct 4th, 2021 at 0.00619048
Smart Scan Analysis for NPRGBP
Based on our trend formula, NPRGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).