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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Sri Lankan Rupee/Icelandic Krona (FOREX:LKRISK)

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_LKRISK
Open High Low LKRISK Price Change
0.68115 0.68640 0.67920 0.68495 +0.00380
Entry Signal

MarketClub’s Trade Triangles for LKRISK

long term up The long term trend has been UP since Nov 12th, 2018 at 0.71295

intermediate term down The intermediate term trend has been DOWN since Nov 19th, 2018 at 0.69370

short term down The short term trend has been DOWN since Nov 30th, 2018 at 0.68810

Smart Scan Analysis for LKRISK

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

-60
Smart Scan Analysis for LKRISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.68115 0.68640 0.67920 0.68495 +0.00380
Prev. Close Volume Bid Ask Time
0.68115 0.68290 0.68700 2018-12-10 07:38:09
Want to analyze Sri Lankan Rupee/Icelandic Krona LKRISK or another symbol? Try our Free Forex Trend Analysis Report.