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Forex Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

Sri Lankan Rupee/Euro (FOREX:LKREUR)

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

Is it time to buy, sell, or avoid LKREUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for LKREUR.

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FOREX_LKREUR
Open High Low LKREUR Price Change
0.00271395 0.00271395 0.00271395 0.00271395 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKREUR

long term down The long-term trend has been DOWN since Mar 16th, 2022 at 0.00432658

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2022 at 0.00272784

short term down The short-term trend has been DOWN since Jul 27th, 2022 at 0.00275065

Smart Scan Analysis for LKREUR

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

-100
Smart Scan Analysis for LKREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00271395 0.00271395 0.00271395 0.00271395 0.00000000
Prev. Close Volume Bid Ask Time
0.00271395 2022-08-07 21:08:40
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