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Forex Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

US Dollar/Nepalese Rupee (FOREX:USDNPR)

Countertrend Up (+85) - USDNPR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

FOREX_USDNPR
Open High Low USDNPR Price Change
114.21689 114.21689 114.21689 114.21689 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDNPR

long term up The long-term trend has been UP since Aug 7th, 2019 at 112.76500

intermediate term up The intermediate-term trend has been UP since Feb 10th, 2020 at 114.31877

short term up The short-term trend has been UP since Feb 10th, 2020 at 114.07047

Smart Scan Analysis for USDNPR

Based on our trend formula, USDNPR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for USDNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
114.21689 114.21689 114.21689 114.21689 0.00000
Prev. Close Volume Bid Ask Time
114.54621 112.64181 115.79196 2020-02-19 07:21:16
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