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Forex Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

Sri Lankan Rupee/US Dollar (FOREX:LKRUSD)

Strong Uptrend (+100) - LKRUSD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, LKRUSD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
0.00330104 0.00330194 0.00330104 0.00330194 +0.00000100
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 up The intermediate-term trend has been UP since Jul 10th, 2024 at 0.00329627

short term up The short-term trend has been UP since Jul 25th, 2024 at 0.00329383

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
0.00330104 0.00330194 0.00330104 0.00330194 +0.00000100
Prev. Close Volume Bid Ask Time
0.00330104 2024-07-26 14:00:14
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