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Forex Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

Euro/Nepalese Rupee (FOREX:EURNPR)

Sidelines Mode (+50) - EURNPR is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until EURNPR can gain momentum.

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
132.246 132.246 132.246 132.246 0.000
Entry Signal

MarketClub’s Trade Triangles for EURNPR

long term down The long-term trend has been DOWN since Aug 9th, 2021 at 140.292

intermediate term up The intermediate-term trend has been UP since May 11th, 2022 at 128.635

short term up The short-term trend has been UP since May 25th, 2022 at 132.080

Smart Scan Analysis for EURNPR

Based on our trend formula, EURNPR is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for EURNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
132.246 132.246 132.246 132.246 0.000
Prev. Close Volume Bid Ask Time
132.246 2022-05-25 07:19:24
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