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Forex Trend Analysis Report

Prepared for you on Monday, April 22, 2024.

US Dollar/Nepalese Rupee (FOREX:USDNPR)

Sidelines Mode (+55) - USDNPR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
133.27117 133.27117 133.27117 133.27117 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDNPR

long term up The long-term trend has been UP since Apr 10th, 2024 at 134.44131

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 132.66650

short term down The short-term trend has been DOWN since Apr 20th, 2024 at 133.42587

Smart Scan Analysis for USDNPR

Based on our trend formula, USDNPR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for USDNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
133.27117 133.27117 133.27117 133.27117 0.00000
Prev. Close Volume Bid Ask Time
133.27117 2024-04-20 20:39:49
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