Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

Nepalese Rupee/British Pound (FOREX:NPRGBP)

Crossroads (-60) - NPRGBP 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 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.

FOREX_NPRGBP
Open High Low NPRGBP Price Change
0.00590611 0.00590611 0.00590611 0.00590611 0.00000000
Entry Signal

MarketClub’s Trade Triangles for NPRGBP

long term up The long-term trend has been UP since Apr 15th, 2024 at 0.00599760

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 0.00596286

short term down The short-term trend has been DOWN since May 13th, 2024 at 0.00597227

Smart Scan Analysis for NPRGBP

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

-60
Smart Scan Analysis for NPRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00590611 0.00590611 0.00590611 0.00590611 0.00000000
Prev. Close Volume Bid Ask Time
0.00593036 2024-05-16 21:01:28
Get a free daily analysis and signals for Nepalese Rupee/British Pound (NPRGBP) - Request Your Free Report.