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Forex Trend Analysis Report

Prepared for you on Tuesday, October 15, 2019.

US Dollar/Nepalese Rupee (FOREX:USDNPR)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_USDNPR
Open High Low USDNPR Price Change
113.69824 113.69824 113.69824 113.69824 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 112.765

intermediate term down The intermediate term trend has been DOWN since Sep 13th, 2019 at 113.485

short term down The short term trend has been DOWN since Sep 27th, 2019 at 113.335

Smart Scan Analysis for USDNPR

Based on a pre-defined weighted trend formula for chart analysis, USDNPR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for USDNPR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113.69824 113.69824 113.69824 113.69824 0.00000
Prev. Close Volume Bid Ask Time
113.69824 112.15768 115.23879 2019-10-13 05:14:57
Want to analyze US Dollar/Nepalese Rupee USDNPR or another symbol? Try our Free Forex Trend Analysis Report.