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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

Nepalese Rupee/British Pound (FOREX:NPRGBP)

Sidelines Mode (-55) - NPRGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

FOREX_NPRGBP
Open High Low NPRGBP Price Change
0.00590748 0.00590748 0.00590748 0.00590748 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPRGBP

long term down The long-term trend has been DOWN since Jun 5th, 2024 at 0.00587941

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 0.00596286

short term up The short-term trend has been UP since Jun 10th, 2024 at 0.00586570

Smart Scan Analysis for NPRGBP

Based on our trend formula, NPRGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NPRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00590748 0.00590748 0.00590748 0.00590748 0.00000000
Prev. Close Volume Bid Ask Time
0.00590748 2024-06-18 07:26:12
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