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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Euro/Sri Lankan Rupee (FOREX:EURLKR)
Long-Term Downtrend (-90) - EURLKR is in a strong downtrend that is likely to continue. While EURLKR is showing intraday strength, it remains in the confines of a bearish trend. 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 -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 305.1 | 305.1 | 305.1 | 305.1 | 0.0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 306.4 | 2024-12-21 08:23:55 |