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Forex Trend Analysis Report

Prepared for you on Friday, November 24, 2017.

Euro/Sri Lankan Rupee (FOREX:EURLKR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
181.0552 181.0552 181.0552 181.0552 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 down The intermediate term trend has been DOWN since Oct 23rd, 2017 at 181.2749

short term down The short term trend has been DOWN since Sep 28th, 2017 at 182.7132

Smart Scan Analysis for EURLKR

Based on a pre-defined weighted trend formula for chart analysis, EURLKR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for EURLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
181.0552 181.0552 181.0552 181.0552 0.0000
Prev. Close Volume Bid Ask Time
182.1019 177.5552 184.5552 2017-11-20 19:34:35
Want to analyze Euro/Sri Lankan Rupee EURLKR or another symbol? Try our Free Forex Trend Analysis Report.