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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Euro/Sri Lankan Rupee (FOREX:EURLKR)
Sidelines Mode (+55) - EURLKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 7th, 2024 at 329.61
The intermediate-term trend has been UP since May 7th, 2024 at 321.62
The short-term trend has been DOWN since Jul 21st, 2024 at 330.68
Smart Scan Analysis for EURLKR
Based on our trend formula, EURLKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 328.95 | 328.95 | 328.95 | 328.95 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 328.95 | 2024-07-26 14:00:14 |