Forex Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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, SHORTSYMBOL 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.
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 DOWN since Jul 15th, 2020 at 0.00474084
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 0.00457773
The short-term trend has been DOWN since Feb 25th, 2021 at 0.00423888
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).