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Forex Trend Analysis Report

Prepared for you on Thursday, August 16, 2018.

US Dollar/Sri Lankan Rupee (FOREX:USDLKR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_USDLKR
Open High Low USDLKR Price Change
160.37 160.44 160.37 160.44 +0.07
Entry Signal

MarketClub’s Trade Triangles for USDLKR

long term up The long term trend has been UP since Jan 10th, 2018 at 154.295

intermediate term up The intermediate term trend has been UP since Jul 16th, 2018 at 159.570

short term up The short term trend has been UP since Aug 9th, 2018 at 159.940

Smart Scan Analysis for USDLKR

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

+100
Smart Scan Analysis for USDLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
160.37 160.44 160.37 160.44 +0.07
Prev. Close Volume Bid Ask Time
160.37 160.35 160.53 2018-08-16 07:54:34
Want to analyze US Dollar/Sri Lankan Rupee USDLKR or another symbol? Try our Free Forex Trend Analysis Report.