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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Nepalese Rupee/British Pound (FOREX:NPRGBP)

Bear Market Rally (-75) - NPRGBP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NPRGBP as it may be in the beginning 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.

FOREX_NPRGBP
Open High Low NPRGBP Price Change
0.0058022 0.0058022 0.0058022 0.0058022 0.0000000
Entry Signal

MarketClub’s Trade Triangles for NPRGBP

long term down The long-term trend has been DOWN since Jun 5th, 2024 at 0.00587941

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2024 at 0.00586836

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.00576560

Smart Scan Analysis for NPRGBP

Based on our trend formula, NPRGBP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NPRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0058022 0.0058022 0.0058022 0.0058022 0.0000000
Prev. Close Volume Bid Ask Time
0.0058022 2024-07-26 07:26:03
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