Forex Trend Analysis Report
Prepared for you on Sunday, October 2, 2022.
Nepalese Rupee/British Pound (FOREX:NPRGBP)
Bull Market Weakness (+75) - NPRGBP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NPRGBP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NPRGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NPRGBP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NPRGBP
The long-term trend has been UP since Aug 20th, 2021 at 0.00612717
The intermediate-term trend has been UP since Sep 15th, 2022 at 0.00681950
The short-term trend has been UP since Aug 17th, 2022 at 0.00650031
Smart Scan Analysis for NPRGBP
Based on our trend formula, NPRGBP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).