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Forex Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

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 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
0.00328351 0.00328351 0.00327305 0.00327305 -0.00001000
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 May 28th, 2024 at 0.00332342

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.00330872

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
0.00328351 0.00328351 0.00327305 0.00327305 -0.00001000
Prev. Close Volume Bid Ask Time
0.00328922 2024-06-13 21:00:28
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