Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

Euro/Sri Lankan Rupee (FOREX:EURLKR)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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_EURLKR
Open High Low EURLKR Price Change
183.9261 183.9261 183.9261 183.9261 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLKR

long term down The long term trend has been DOWN since May 7th, 2018 at 188.9261

intermediate term up The intermediate term trend has been UP since Jun 11th, 2018 at 186.6072

short term down The short term trend has been DOWN since Jun 17th, 2018 at 186.6072

Smart Scan Analysis for EURLKR

Based on a pre-defined weighted trend formula for chart analysis, EURLKR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
183.9261 183.9261 183.9261 183.9261 0.0000
Prev. Close Volume Bid Ask Time
183.9261 180.4261 187.4261 2018-06-21 20:51:00
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