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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.
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MarketClub’s Trade Triangles for EURNPR
The long-term trend has been DOWN since Aug 9th, 2021 at 140.292
The intermediate-term trend has been UP since May 11th, 2022 at 128.635
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).
| 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 |