Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Nepalese Rupee/US Dollar (FOREX:NPRUSD)
Strong Downtrend (-100) - NPRUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NPRUSD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NPRUSD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NPRUSD
The long-term trend has been DOWN since Oct 6th, 2021 at 0.00834963
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 0.00848891
The short-term trend has been DOWN since Oct 1st, 2021 at 0.00843434
Smart Scan Analysis for NPRUSD
Based on our trend formula, NPRUSD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).