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Forex Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

Sri Lankan Rupee/British Pound (FOREX:LKRGBP)

Strong Downtrend (-100) - LKRGBP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LKRGBP continues to fall. Traders should use caution 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
0.00225749 0.00225749 0.00225749 0.00225749 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRGBP

long term down The long-term trend has been DOWN since Mar 16th, 2022 at 0.00361557

intermediate term down The intermediate-term trend has been DOWN since Aug 7th, 2022 at 0.00229087

short term down The short-term trend has been DOWN since Aug 11th, 2022 at 0.00228844

Smart Scan Analysis for LKRGBP

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

-100
Smart Scan Analysis for LKRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00225749 0.00225749 0.00225749 0.00225749 0.00000000
Prev. Close Volume Bid Ask Time
0.00225749 2022-08-11 07:19:08
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