Forex Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
Sri Lankan Rupee/British Pound (FOREX:LKRGBP)
Weak Downtrend (-65) - LKRGBP is showing signs of a strengthening downtrend. Monitor LKRGBP as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for LKRGBP
The long-term trend has been UP since Aug 20th, 2021 at 0.00366856
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.00364577
The short-term trend has been DOWN since Oct 10th, 2021 at 0.00368107
Smart Scan Analysis for LKRGBP
Based on our trend formula, LKRGBP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).