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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Sri Lankan Rupee/Euro (FOREX:LKREUR)

Sidelines Mode (-55) - LKREUR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LKREUR
Open High Low LKREUR Price Change
0.00304032 0.00304032 0.00304032 0.00304032 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKREUR

long term down The long-term trend has been DOWN since Jul 7th, 2024 at 0.00303423

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2024 at 0.00310963

short term up The short-term trend has been UP since Jul 21st, 2024 at 0.00302441

Smart Scan Analysis for LKREUR

Based on our trend formula, LKREUR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for LKREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00304032 0.00304032 0.00304032 0.00304032 0.00000000
Prev. Close Volume Bid Ask Time
0.00304032 2024-07-26 14:00:14
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