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Forex Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

Weak Downtrend (-65) - LKRUSD is showing signs of a strengthening downtrend. Monitor LKRUSD as it may be building momentum to the downside.

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
0.00342015 0.00342015 0.00342015 0.00342015 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRUSD

long term up The long-term trend has been UP since Jan 16th, 2024 at 0.00310512

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 0.00342904

short term down The short-term trend has been DOWN since Dec 18th, 2024 at 0.00344243

Smart Scan Analysis for LKRUSD

Based on our trend formula, LKRUSD is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for LKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00342015 0.00342015 0.00342015 0.00342015 0.00000000
Prev. Close Volume Bid Ask Time
0.00339890 2024-12-21 08:23:55
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