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Forex Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

Nepalese Rupee/US Dollar (FOREX:NPRUSD)

Sidelines Mode (+50) - NPRUSD is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NPRUSD can gain momentum.

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.

FOREX_NPRUSD
Open High Low NPRUSD Price Change
0.00785947 0.00785947 0.00785947 0.00785947 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPRUSD

long term down The long-term trend has been DOWN since Mar 3rd, 2022 at 0.00826535

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2022 at 0.00785485

short term up The short-term trend has been UP since Jul 29th, 2022 at 0.00783825

Smart Scan Analysis for NPRUSD

Based on our trend formula, NPRUSD is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for NPRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00785947 0.00785947 0.00785947 0.00785947 0.00000000
Prev. Close Volume Bid Ask Time
0.00786247 2022-08-11 07:19:08
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