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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Euro/Nepalese Rupee (FOREX:EURNPR)

Countertrend Up (+85) - EURNPR 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 EURNPR?

MarketClub looks at technical strength and momentum to determine if the timing is right for EURNPR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_EURNPR
Open High Low EURNPR Price Change
145.425 145.425 145.425 145.425 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNPR

long term up The long-term trend has been UP since May 16th, 2024 at 144.890

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2024 at 144.264

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 145.734

Smart Scan Analysis for EURNPR

Based on our trend formula, EURNPR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for EURNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
145.425 145.425 145.425 145.425 0.000
Prev. Close Volume Bid Ask Time
145.425 2024-07-26 07:26:03
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