Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
Euro/Nepalese Rupee (FOREX:EURNPR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
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MarketClub’s Trade Triangles for EURNPR
The long term trend has been DOWN since Dec 2nd, 2018 at 128.29
The intermediate term trend has been UP since May 13th, 2019 at 125.55
The short term trend has been UP since Jun 4th, 2019 at 124.68
Smart Scan Analysis for EURNPR
Based on a pre-defined weighted trend formula for chart analysis, EURNPR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 125.04 | 125.04 | 125.04 | 125.04 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 125.04 | 123.34 | 126.74 | 2019-06-19 21:10:35 |