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Forex Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

British Pound/Sri Lankan Rupee (FOREX:GBPLKR)

Bull Market Weakness (+75) - GBPLKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GBPLKR as it may be in the beginning stages of a reversal.

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
391.87299 391.87299 391.87299 391.87299 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPLKR

long term up The long-term trend has been UP since Jul 7th, 2024 at 389.77810

intermediate term up The intermediate-term trend has been UP since May 14th, 2024 at 375.23398

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 393.54017

Smart Scan Analysis for GBPLKR

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

+75
Smart Scan Analysis for GBPLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
391.87299 391.87299 391.87299 391.87299 0.00000
Prev. Close Volume Bid Ask Time
391.87299 2024-07-24 07:26:15
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