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Forex Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

Sri Lankan Rupee/Norwegian Krone (FOREX:LKRNOK)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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_LKRNOK
Open High Low LKRNOK Price Change
0.04790 0.04810 0.04765 0.04775 -0.00015
Entry Signal

MarketClub’s Trade Triangles for LKRNOK

long term down The long term trend has been DOWN since Sep 17th, 2018 at 0.05015

intermediate term up The intermediate term trend has been UP since Oct 30th, 2018 at 0.04865

short term down The short term trend has been DOWN since Nov 15th, 2018 at 0.04815

Smart Scan Analysis for LKRNOK

Based on a pre-defined weighted trend formula for chart analysis, LKRNOK scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for LKRNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04790 0.04810 0.04765 0.04775 -0.00015
Prev. Close Volume Bid Ask Time
0.04790 0.04770 0.04780 2018-11-16 12:28:36
Want to analyze Sri Lankan Rupee/Norwegian Krone LKRNOK or another symbol? Try our Free Forex Trend Analysis Report.