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Forex Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

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, NPRUSD 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.

FOREX_NPRUSD
Open High Low NPRUSD Price Change
0.00751417 0.00751417 0.00751417 0.00751417 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPRUSD

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 0.00743918

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 0.00753875

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 0.00749966

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).

-100
Smart Scan Analysis for NPRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00751417 0.00751417 0.00751417 0.00751417 0.00000000
Prev. Close Volume Bid Ask Time
0.00749836 2024-04-13 18:02:07
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