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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.
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MarketClub’s Trade Triangles for USDNPR
The long-term trend has been UP since Aug 9th, 2023 at 132.54687
The intermediate-term trend has been DOWN since Sep 23rd, 2023 at 132.27529
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).
| 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 |