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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Sri Lankan Rupee/Swedish Krona (FOREX:LKRSEK)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_LKRSEK
Open High Low LKRSEK Price Change
0.05045 0.05065 0.05045 0.05065 +0.00020
Entry Signal

MarketClub’s Trade Triangles for LKRSEK

long term down The long term trend has been DOWN since Sep 19th, 2018 at 0.05365

intermediate term down The intermediate term trend has been DOWN since Sep 3rd, 2018 at 0.05635

short term down The short term trend has been DOWN since Dec 13th, 2018 at 0.05045

Smart Scan Analysis for LKRSEK

Based on a pre-defined weighted trend formula for chart analysis, LKRSEK scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for LKRSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05045 0.05065 0.05045 0.05065 +0.00020
Prev. Close Volume Bid Ask Time
0.05045 0.05060 0.05070 2018-12-14 10:53:36
Want to analyze Sri Lankan Rupee/Swedish Krona LKRSEK or another symbol? Try our Free Forex Trend Analysis Report.