Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
Euro/Sri Lankan Rupee (FOREX:EURLKR)
Strong Uptrend (+100) - EURLKR is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, EURLKR continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 UP since Nov 9th, 2020 at 218.5048
The short-term trend has been UP since Feb 25th, 2021 at 235.9632
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).