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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

Crossroads (-60) - LKRUSD is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
0.00537763 0.00537763 0.00537763 0.00537763 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 up The intermediate-term trend has been UP since May 3rd, 2020 at 0.00525034

short term up The short-term trend has been UP since Apr 30th, 2020 at 0.00520843

Smart Scan Analysis for LKRUSD

Based on our trend formula, LKRUSD is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for LKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00537763 0.00537763 0.00537763 0.00537763 0.00000000
Prev. Close Volume Bid Ask Time
0.00537763 0.00528655 0.00546871 2020-06-01 07:17:50
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