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Forex Trend Analysis Report

Prepared for you on Thursday, May 28, 2020.

British Pound/Sri Lankan Rupee (FOREX:GBPLKR)

Strong Downtrend (-100) - GBPLKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
226.66189 226.66189 226.66189 226.66189 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPLKR

long term down The long-term trend has been DOWN since Mar 29th, 2020 at 233.92748

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2020 at 238.23807

short term down The short-term trend has been DOWN since Apr 30th, 2020 at 239.66156

Smart Scan Analysis for GBPLKR

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

-100
Smart Scan Analysis for GBPLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
226.66189 226.66189 226.66189 226.66189 0.00000
Prev. Close Volume Bid Ask Time
226.66189 222.74274 230.58104 2020-05-25 21:04:36
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