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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
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.
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MarketClub’s Trade Triangles for GBPLKR
The long-term trend has been DOWN since Oct 19th, 2024 at 382.56381
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 395.44352
The short-term trend has been DOWN since Sep 30th, 2024 at 398.08687
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 381.98003 | 381.98003 | 381.98003 | 381.98003 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 381.61899 | 2024-10-19 08:23:39 |