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Forex Trend Analysis Report

Prepared for you on Sunday, February 18, 2018.

Euro/Sri Lankan Rupee (FOREX:EURLKR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_EURLKR
Open High Low EURLKR Price Change
193.2201 193.2201 193.2201 193.2201 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLKR

long term up The long term trend has been UP since Feb 3rd, 2017 at 160.6134

intermediate term up The intermediate term trend has been UP since Feb 15th, 2018 at 191.1828

short term up The short term trend has been UP since Jan 2nd, 2018 at 182.0834

Smart Scan Analysis for EURLKR

Based on a pre-defined weighted trend formula for chart analysis, EURLKR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for EURLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
193.2201 193.2201 193.2201 193.2201 0.0000
Prev. Close Volume Bid Ask Time
193.2201 189.7201 196.7201 2018-02-15 21:27:22
Want to analyze Euro/Sri Lankan Rupee EURLKR or another symbol? Try our Free Forex Trend Analysis Report.