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Forex Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

Sri Lankan Rupee/British Pound (FOREX:LKRGBP)

Sidelines Mode (-55) - LKRGBP 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 LKRGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for LKRGBP.

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

FOREX_LKRGBP
Open High Low LKRGBP Price Change
0.00259297 0.00259297 0.00259297 0.00259297 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRGBP

long term up The long-term trend has been UP since Feb 5th, 2024 at 0.00250161

intermediate term down The intermediate-term trend has been DOWN since May 14th, 2024 at 0.00266532

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.00259881

Smart Scan Analysis for LKRGBP

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

-55
Smart Scan Analysis for LKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00259297 0.00259297 0.00259297 0.00259297 0.00000000
Prev. Close Volume Bid Ask Time
0.00258012 2024-06-22 16:44:14
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