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Forex Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

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.

FOREX_EURLKR
Open High Low EURLKR Price Change
360.36 360.36 360.36 360.36 0.00
Entry Signal

MarketClub’s Trade Triangles for EURLKR

long term down The long-term trend has been DOWN since Mar 3rd, 2023 at 384.6238

intermediate term down The intermediate-term trend has been DOWN since Feb 7th, 2023 at 396.8711

short term down The short-term trend has been DOWN since Feb 7th, 2023 at 396.8711

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).

-90
Smart Scan Analysis for EURLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
360.36 360.36 360.36 360.36 0.00
Prev. Close Volume Bid Ask Time
360.36 2023-03-18 03:55:52
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