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Forex Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

Countertrend Up (+85) - LKRUSD 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 LKRUSD?

MarketClub looks at technical strength and momentum to determine if the timing is right for LKRUSD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_LKRUSD
Open High Low LKRUSD Price Change
0.00299187 0.00299187 0.00299187 0.00299187 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRUSD

long term up The long-term trend has been UP since Mar 3rd, 2023 at 0.00274440

intermediate term up The intermediate-term trend has been UP since Jan 26th, 2023 at 0.00273588

short term up The short-term trend has been UP since Jan 26th, 2023 at 0.00273225

Smart Scan Analysis for LKRUSD

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

+80
Smart Scan Analysis for LKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00299187 0.00299187 0.00299187 0.00299187 0.00000000
Prev. Close Volume Bid Ask Time
0.00299187 2023-03-18 03:55:52
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