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Forex Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Euro/Sri Lankan Rupee (FOREX:EURLKR)
Strong Downtrend (-100) - EURLKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURLKR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid EURLKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURLKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for EURLKR
The long-term trend has been DOWN since Feb 5th, 2024 at 345.50
The intermediate-term trend has been DOWN since Jan 8th, 2024 at 353.53
The short-term trend has been DOWN since Apr 17th, 2024 at 322.95
Smart Scan Analysis for EURLKR
Based on our trend formula, EURLKR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 318.53 | 318.53 | 318.53 | 318.53 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 318.53 | 2024-04-25 07:26:32 |