Forex Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
Sri Lankan Rupee/Euro (FOREX:LKREUR)
Countertrend Up (+85) - LKREUR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Mar 3rd, 2023 at 0.00260016
The intermediate-term trend has been UP since Feb 7th, 2023 at 0.00251991
The short-term trend has been UP since Feb 7th, 2023 at 0.00251991
Smart Scan Analysis for LKREUR
Based on our trend formula, LKREUR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).