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Forex Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

US Dollar/Nepalese Rupee (FOREX:USDNPR)

Strong Downtrend (-100) - USDNPR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
115.70623 115.70623 115.70623 115.70623 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDNPR

long term down The long-term trend has been DOWN since Aug 18th, 2020 at 119.29235

intermediate term down The intermediate-term trend has been DOWN since Feb 18th, 2021 at 115.95370

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 116.15122

Smart Scan Analysis for USDNPR

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

-100
Smart Scan Analysis for USDNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
115.70623 115.70623 115.70623 115.70623 0.00000
Prev. Close Volume Bid Ask Time
115.70623 2021-02-25 07:31:42
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