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Forex Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

Nepalese Rupee/Euro (FOREX:NPREUR)

Sidelines Mode (-55) - NPREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NPREUR?

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

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

FOREX_NPREUR
Open High Low NPREUR Price Change
0.00766984 0.00766984 0.00766984 0.00766984 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPREUR

long term up The long-term trend has been UP since Aug 9th, 2021 at 0.00712904

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2022 at 0.00777529

short term up The short-term trend has been UP since Apr 4th, 2022 at 0.00745132

Smart Scan Analysis for NPREUR

Based on our trend formula, NPREUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NPREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00766984 0.00766984 0.00766984 0.00766984 0.00000000
Prev. Close Volume Bid Ask Time
0.00766984 2022-05-11 07:39:58
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