Forex Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
Nepalese Rupee/US Dollar (FOREX:NPRUSD)
Bear Market Rally (-75) - NPRUSD is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NPRUSD as it may be in the beginning of a reversal.
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 Mar 6th, 2020 at 0.00869604
The intermediate-term trend has been UP since Apr 29th, 2020 at 0.00824463
The short-term trend has been DOWN since May 18th, 2020 at 0.00825235
Smart Scan Analysis for NPRUSD
Based on our trend formula, NPRUSD is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).