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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

Euro/Sri Lankan Rupee (FOREX:EURLKR)

Countertrend Up (+85) - EURLKR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

FOREX_EURLKR
Open High Low EURLKR Price Change
225.9063 225.9063 225.9063 225.9063 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLKR

long term up The long-term trend has been UP since Mar 6th, 2020 at 203.6451

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 218.5048

short term up The short-term trend has been UP since Nov 4th, 2020 at 215.8047

Smart Scan Analysis for EURLKR

Based on our trend formula, EURLKR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for EURLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
225.9063 225.9063 225.9063 225.9063 0.0000
Prev. Close Volume Bid Ask Time
225.9063 2020-12-04 07:18:27
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