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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 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.
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MarketClub’s Trade Triangles for LKRGBP
The long-term trend has been DOWN since Jul 7th, 2024 at 0.00256585
The intermediate-term trend has been DOWN since May 14th, 2024 at 0.00266532
The short-term trend has been UP since Jul 21st, 2024 at 0.00254132
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00256509 | 0.00256527 | 0.00256509 | 0.00256527 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00256509 | 2024-07-26 14:00:14 |