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Forex Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

Euro/Sri Lankan Rupee (FOREX:EURLKR)

Bear Market Rally (-75) - EURLKR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on EURLKR as it may be in the beginning of a reversal.

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
233.3731 233.3731 233.3731 233.3731 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURLKR

long term down The long-term trend has been DOWN since Aug 10th, 2021 at 234.3484

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2021 at 234.7357

short term up The short-term trend has been UP since Oct 14th, 2021 at 231.6246

Smart Scan Analysis for EURLKR

Based on our trend formula, EURLKR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for EURLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
233.3731 233.3731 233.3731 233.3731 0.0000
Prev. Close Volume Bid Ask Time
233.3731 2021-10-14 07:18:43
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