Forex Trend Analysis Report
Prepared for you on Thursday, May 28, 2020.
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 6th, 2020 at 203.6451
The intermediate-term trend has been DOWN since May 5th, 2020 at 207.1754
The short-term trend has been DOWN since May 25th, 2020 at 204.9280
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).