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Forex Trend Analysis Report

Prepared for you on Saturday, December 5, 2020.

British Pound/Sri Lankan Rupee (FOREX:GBPLKR)

Countertrend Up (+85) - GBPLKR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid GBPLKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPLKR
Open High Low GBPLKR Price Change
250.19664 250.19664 250.19664 250.19664 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPLKR

long term up The long-term trend has been UP since Jul 29th, 2020 at 239.82866

intermediate term up The intermediate-term trend has been UP since Oct 21st, 2020 at 240.56133

short term up The short-term trend has been UP since Oct 21st, 2020 at 239.65419

Smart Scan Analysis for GBPLKR

Based on our trend formula, GBPLKR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for GBPLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
250.19664 250.19664 250.19664 250.19664 0.00000
Prev. Close Volume Bid Ask Time
250.19664 2020-12-04 07:18:27
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