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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
British Pound/Sri Lankan Rupee (FOREX:GBPLKR)
Long-Term Downtrend (-90) - GBPLKR is in a strong downtrend that is likely to continue. While GBPLKR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GBPLKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLKR.
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 GBPLKR
The long-term trend has been DOWN since Feb 5th, 2024 at 399.78278
The intermediate-term trend has been DOWN since Jan 4th, 2024 at 410.85258
The short-term trend has been DOWN since Apr 17th, 2024 at 376.84440
Smart Scan Analysis for GBPLKR
Based on our trend formula, GBPLKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 375.95488 | 375.95488 | 375.95488 | 375.95488 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 375.95488 | 2024-04-18 07:26:30 |