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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.
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MarketClub’s Trade Triangles for EURLKR
The long-term trend has been DOWN since Mar 3rd, 2023 at 384.6238
The intermediate-term trend has been DOWN since Feb 7th, 2023 at 396.8711
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).
| 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 |