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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
US Dollar/Nepalese Rupee (FOREX:USDNPR)
Bull Market Weakness (+75) - USDNPR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDNPR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid USDNPR?
MarketClub looks at technical strength and momentum to determine if the timing is right for USDNPR.
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 USDNPR
The long-term trend has been UP since Apr 10th, 2024 at 134.44131
The intermediate-term trend has been UP since Oct 27th, 2024 at 134.62682
The short-term trend has been UP since Nov 8th, 2024 at 134.79009
Smart Scan Analysis for USDNPR
Based on our trend formula, USDNPR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 134.63585 | 134.63585 | 134.63585 | 134.63585 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.63585 | 2024-11-19 21:06:20 |