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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

US Dollar/Sri Lankan Rupee (FOREX:USDLKR)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_USDLKR
Open High Low USDLKR Price Change
178.88 179.00 178.86 179.00 +0.12
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 down The short term trend has been DOWN since Dec 7th, 2018 at 178.700

Smart Scan Analysis for USDLKR

Based on a pre-defined weighted trend formula for chart analysis, USDLKR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for USDLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
178.88 179.00 178.86 179.00 +0.12
Prev. Close Volume Bid Ask Time
178.88 178.91 179.09 2018-12-10 06:45:52
Want to analyze US Dollar/Sri Lankan Rupee USDLKR or another symbol? Try our Free Forex Trend Analysis Report.