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Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Euro/Sri Lankan Rupee (FOREX:EURLKR)
Strong Downtrend (-100) - EURLKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURLKR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for EURLKR
The long-term trend has been DOWN since Oct 4th, 2024 at 326.76
The intermediate-term trend has been DOWN since Sep 30th, 2024 at 334.13
The short-term trend has been DOWN since Sep 30th, 2024 at 336.26
Smart Scan Analysis for EURLKR
Based on our trend formula, EURLKR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 307.15 | 307.15 | 307.15 | 307.15 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 307.15 | 2024-11-18 21:06:11 |