Forex Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
Euro/Sri Lankan Rupee (FOREX:EURLKR)
Weak Downtrend (-65) - EURLKR is showing signs of a strengthening downtrend. Monitor EURLKR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid EURLKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURLKR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EURLKR
The long-term trend has been UP since Mar 16th, 2022 at 231.1823
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 383.9635
The short-term trend has been DOWN since Jun 10th, 2022 at 384.2995
Smart Scan Analysis for EURLKR
Based on our trend formula, EURLKR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).