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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

Sri Lankan Rupee/British Pound (FOREX:LKRGBP)

Countertrend Down (-85) - LKRGBP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
0.00366964 0.00366964 0.00366964 0.00366964 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRGBP

long term down The long-term trend has been DOWN since Jul 29th, 2020 at 0.00417081

intermediate term down The intermediate-term trend has been DOWN since Oct 21st, 2020 at 0.00415802

short term up The short-term trend has been UP since Mar 1st, 2021 at 0.00366086

Smart Scan Analysis for LKRGBP

Based on our trend formula, LKRGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for LKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00366964 0.00366964 0.00366964 0.00366964 0.00000000
Prev. Close Volume Bid Ask Time
0.00366964 2021-03-03 21:09:20
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