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Forex Trend Analysis Report

Prepared for you on Friday, September 22, 2023.

Sri Lankan Rupee/British Pound (FOREX:LKRGBP)

Sidelines Mode (+50) - LKRGBP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until LKRGBP can gain momentum.

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
0.00251808 0.00251808 0.00251808 0.00251808 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRGBP

long term down The long-term trend has been DOWN since Jul 18th, 2023 at 0.00247213

intermediate term up The intermediate-term trend has been UP since Jul 31st, 2023 at 0.00237613

short term up The short-term trend has been UP since Aug 25th, 2023 at 0.00244533

Smart Scan Analysis for LKRGBP

Based on our trend formula, LKRGBP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for LKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00251808 0.00251808 0.00251808 0.00251808 0.00000000
Prev. Close Volume Bid Ask Time
0.00251808 2023-09-22 07:28:43
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