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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
US Dollar/Nepalese Rupee (FOREX:USDNPR)
Countertrend Up (+85) - USDNPR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Dec 17th, 2024 at 135.77331
Smart Scan Analysis for USDNPR
Based on our trend formula, USDNPR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 135.4809 | 135.4809 | 135.4809 | 135.4809 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 135.9775 | 2024-12-21 08:23:57 |