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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Sri Lankan Rupee/British Pound (FOREX:LKRGBP)

Countertrend Up (+85) - LKRGBP 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 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
0.00272086 0.00272086 0.00272086 0.00272086 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRGBP

long term up The long-term trend has been UP since Oct 31st, 2024 at 0.00261424

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2024 at 0.00252908

short term up The short-term trend has been UP since Sep 30th, 2024 at 0.00251229

Smart Scan Analysis for LKRGBP

Based on our trend formula, LKRGBP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for LKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00272086 0.00272086 0.00272086 0.00272086 0.00000000
Prev. Close Volume Bid Ask Time
0.00272086 2024-11-18 21:06:11
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