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Forex Trend Analysis Report

Prepared for you on Tuesday, October 3, 2023.

US Dollar/Nepalese Rupee (FOREX:USDNPR)

Crossroads (-60) - USDNPR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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.

FOREX_USDNPR
Open High Low USDNPR Price Change
132.18344 132.18344 132.18344 132.18344 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDNPR

long term up The long-term trend has been UP since Aug 9th, 2023 at 132.54687

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2023 at 132.27529

short term down The short-term trend has been DOWN since Sep 23rd, 2023 at 132.50745

Smart Scan Analysis for USDNPR

Based on our trend formula, USDNPR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for USDNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.18344 132.18344 132.18344 132.18344 0.00000
Prev. Close Volume Bid Ask Time
133.15543 2023-09-23 13:03:36
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