Forex Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
Sri Lankan Rupee/Euro (FOREX:LKREUR)
Crossroads (-60) - LKREUR is struggling to move into a solid trend. Beware of choppy markets 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.
MarketClub’s Trade Triangles for LKREUR
The long-term trend has been UP since Aug 10th, 2021 at 0.00426810
The intermediate-term trend has been DOWN since Oct 24th, 2021 at 0.00428595
The short-term trend has been DOWN since Oct 14th, 2021 at 0.00431832
Smart Scan Analysis for LKREUR
Based on our trend formula, LKREUR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).