Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Nepalese Rupee/British Pound (FOREX:NPRGBP)
Sidelines Mode (+50) - NPRGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NPRGBP can gain momentum.
Is it time to buy, sell, or avoid
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 DOWN since Sep 5th, 2019 at 0.00708400
The intermediate-term trend has been UP since Dec 23rd, 2019 at 0.00676252
The short-term trend has been UP since Feb 10th, 2020 at 0.00674283
Smart Scan Analysis for NPRGBP
Based on our trend formula, NPRGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).