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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.

FOREX_LKRISK
Open High Low LKRISK Price Change
0.65145 0.65400 0.65010 0.65330 +0.00185
Entry Signal

MarketClub’s Trade Triangles for LKRISK

long term down The long term trend has been DOWN since Sep 20th, 2018 at 0.65255

intermediate term down The intermediate term trend has been DOWN since Sep 18th, 2018 at 0.65990

short term down 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).

-90
Smart Scan Analysis for LKRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.65145 0.65400 0.65010 0.65330 +0.00185
Prev. Close Volume Bid Ask Time
0.65145 0.65120 0.65540 2018-09-21 14:25:33
Want to analyze Sri Lankan Rupee/Icelandic Krona LKRISK or another symbol? Try our Free Forex Trend Analysis Report.