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Forex Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Euro/Sri Lankan Rupee (FOREX:EURLKR)

Strong Downtrend (-100) - EURLKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, EURLKR continues to fall. 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
317.83 317.83 317.83 317.83 0.00
Entry Signal

MarketClub’s Trade Triangles for EURLKR

long term down The long-term trend has been DOWN since Feb 5th, 2024 at 345.50

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2024 at 353.53

short term down The short-term trend has been DOWN since Apr 13th, 2024 at 322.95

Smart Scan Analysis for EURLKR

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

-100
Smart Scan Analysis for EURLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
317.83 317.83 317.83 317.83 0.00
Prev. Close Volume Bid Ask Time
317.83 2024-04-13 18:02:06
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