Forex Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
Sri Lankan Rupee/Icelandic Krona (FOREX:LKRISK)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for LKRISK
The long term trend has been DOWN since Sep 20th, 2018 at 0.65255
The intermediate term trend has been DOWN since Sep 18th, 2018 at 0.65990
The short term trend has been DOWN since Sep 13th, 2018 at 0.68730
Smart Scan Analysis for LKRISK
Based on a pre-defined weighted trend formula for chart analysis, LKRISK scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).