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Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2025.

British Pound/Sri Lankan Rupee (FOREX:GBPLKR)

Long-Term Downtrend (-90) - GBPLKR is in a strong downtrend that is likely to continue. While GBPLKR is showing intraday strength, it remains in the confines of a bearish trend. 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
362.49418 362.49418 362.49418 362.49418 0.00000
Entry Signal

MarketClub’s Trade Triangles for GBPLKR

long term down The long-term trend has been DOWN since Oct 31st, 2024 at 382.56381

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2025 at 364.48970

short term down The short-term trend has been DOWN since Jan 9th, 2025 at 364.48970

Smart Scan Analysis for GBPLKR

Based on our trend formula, GBPLKR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GBPLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
362.49418 362.49418 362.49418 362.49418 0.00000
Prev. Close Volume Bid Ask Time
362.34574 2025-01-09 21:06:06
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