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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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.

FOREX_USDNPR
Open High Low USDNPR Price Change
120.13367 120.13367 120.13367 120.13367 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDNPR

long term up The long-term trend has been UP since Oct 6th, 2021 at 119.78313

intermediate term up The intermediate-term trend has been UP since Sep 19th, 2021 at 117.81833

short term up The short-term trend has been UP since Oct 1st, 2021 at 118.58072

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).

+70
Smart Scan Analysis for USDNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.13367 120.13367 120.13367 120.13367 0.00000
Prev. Close Volume Bid Ask Time
120.13367 2021-10-18 21:09:25
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