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.
MarketClub’s Trade Triangles for LKRUSD
The long-term trend has been UP since Mar 3rd, 2023 at 0.00274440
The intermediate-term trend has been UP since Jan 26th, 2023 at 0.00273588
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).