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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Nepalese Rupee/US Dollar (FOREX:NPRUSD)
Long-Term Downtrend (-90) - NPRUSD is in a strong downtrend that is likely to continue. While NPRUSD is showing intraday strength, it remains in the confines of a bearish trend. 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.
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MarketClub’s Trade Triangles for NPRUSD
The long-term trend has been DOWN since Apr 10th, 2024 at 0.00743918
The intermediate-term trend has been DOWN since Oct 27th, 2024 at 0.00742896
The short-term trend has been DOWN since Nov 8th, 2024 at 0.00741995
Smart Scan Analysis for NPRUSD
Based on our trend formula, NPRUSD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0074285 | 0.0074285 | 0.0074285 | 0.0074285 | 0.0000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0074285 | 2024-11-19 21:06:20 |