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Forex Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

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.

FOREX_LKREUR
Open High Low LKREUR Price Change
0.00311011 0.00311011 0.00311011 0.00311011 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKREUR

long term up The long-term trend has been UP since Feb 5th, 2024 at 0.00289465

intermediate term up The intermediate-term trend has been UP since Jan 8th, 2024 at 0.00282889

short term up The short-term trend has been UP since Apr 17th, 2024 at 0.00309682

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).

+80
Smart Scan Analysis for LKREUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00311011 0.00311011 0.00311011 0.00311011 0.00000000
Prev. Close Volume Bid Ask Time
0.00312547 2024-04-21 15:40:06
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