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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

Sidelines Mode (-55) - LKRUSD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid ?

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
0.00551263 0.00551263 0.00551263 0.00551263 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRUSD

long term down The long-term trend has been DOWN since Aug 15th, 2019 at 0.00562900

intermediate term down The intermediate-term trend has been DOWN since Dec 3rd, 2019 at 0.00552506

short term up The short-term trend has been UP since Feb 5th, 2020 at 0.00551344

Smart Scan Analysis for LKRUSD

Based on our trend formula, LKRUSD is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for LKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00551263 0.00551263 0.00551263 0.00551263 0.00000000
Prev. Close Volume Bid Ask Time
0.00550911 0.00541451 0.00561075 2020-02-16 21:04:32
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