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.
MarketClub’s Trade Triangles for GBPLKR
The long-term trend has been DOWN since Mar 29th, 2020 at 233.92748
The intermediate-term trend has been DOWN since May 3rd, 2020 at 238.23807
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).