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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

Euro/Sri Lankan Rupee (FOREX:EURLKR)

Weak Downtrend (-65) - EURLKR is showing signs of a strengthening downtrend. Monitor EURLKR as it may be building momentum to the downside.

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
202.4204 202.4204 202.4204 202.4204 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 down The intermediate-term trend has been DOWN since May 5th, 2020 at 207.1754

short term down The short-term trend has been DOWN since May 25th, 2020 at 204.9280

Smart Scan Analysis for EURLKR

Based on our trend formula, EURLKR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for EURLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
202.4204 202.4204 202.4204 202.4204 0.0000
Prev. Close Volume Bid Ask Time
202.4204 198.9204 205.9204 2020-05-25 21:04:36
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