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Forex Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

Strong Downtrend (-100) - LKRUSD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LKRUSD continues to fall. Traders should use caution and set stops.

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
0.00275566 0.00275566 0.00275566 0.00275566 0.00000000
Entry Signal

MarketClub’s Trade Triangles for LKRUSD

long term down The long-term trend has been DOWN since Dec 2nd, 2020 at 0.00539273

intermediate term down The intermediate-term trend has been DOWN since Aug 11th, 2022 at 0.00275910

short term down The short-term trend has been DOWN since Aug 11th, 2022 at 0.00275910

Smart Scan Analysis for LKRUSD

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

-100
Smart Scan Analysis for LKRUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00275566 0.00275566 0.00275566 0.00275566 0.00000000
Prev. Close Volume Bid Ask Time
0.00275507 2022-08-11 07:19:08
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