Forex Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
Nepalese Rupee/US Dollar (FOREX:NPRUSD)
Countertrend Up (+85) - NPRUSD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Aug 18th, 2020 at 0.00838419
The intermediate-term trend has been UP since Nov 25th, 2020 at 0.00845244
The short-term trend has been UP since Nov 19th, 2020 at 0.00841957
Smart Scan Analysis for NPRUSD
Based on our trend formula, NPRUSD is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).