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Forex Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

British Pound/Nepalese Rupee (FOREX:GBPNPR)

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.

FOREX_GBPNPR
Open High Low GBPNPR Price Change
137.985 137.985 137.985 137.985 0.000
Entry Signal

MarketClub’s Trade Triangles for GBPNPR

long term down The long term trend has been DOWN since May 16th, 2019 at 144.055

intermediate term up The intermediate term trend has been UP since Aug 18th, 2019 at 137.135

short term up The short term trend has been UP since Aug 5th, 2019 at 134.410

Smart Scan Analysis for GBPNPR

Based on a pre-defined weighted trend formula for chart analysis, GBPNPR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for GBPNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
137.985 137.985 137.985 137.985 0.000
Prev. Close Volume Bid Ask Time
137.985 136.120 139.850 2019-08-18 20:19:25
Want to analyze British Pound/Nepalese Rupee GBPNPR or another symbol? Try our Free Forex Trend Analysis Report.