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Forex Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Nepalese Rupee/Euro (FOREX:NPREUR)

Crossroads (+60) - NPREUR is struggling to move into a solid trend. Beware of choppy markets 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
0.00700934 0.00700934 0.00700934 0.00700934 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPREUR

long term down The long-term trend has been DOWN since Dec 17th, 2023 at 0.00687540

intermediate term up The intermediate-term trend has been UP since Apr 11th, 2024 at 0.00697395

short term up The short-term trend has been UP since Apr 11th, 2024 at 0.00692713

Smart Scan Analysis for NPREUR

Based on our trend formula, NPREUR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NPREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00700934 0.00700934 0.00700934 0.00700934 0.00000000
Prev. Close Volume Bid Ask Time
0.00700934 2024-04-18 07:26:27
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