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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

US Dollar/Sri Lankan Rupee (FOREX:USDLKR)

Bull Market Weakness (+75) - USDLKR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on USDLKR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for USDLKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_USDLKR
Open High Low USDLKR Price Change
181.45922 181.45922 181.45922 181.45922 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDLKR

long term up The long-term trend has been UP since Aug 15th, 2019 at 177.70000

intermediate term up The intermediate-term trend has been UP since Dec 3rd, 2019 at 181.04949

short term up The short-term trend has been UP since Feb 13th, 2020 at 181.78921

Smart Scan Analysis for USDLKR

Based on our trend formula, USDLKR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for USDLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
181.45922 181.45922 181.45922 181.45922 0.00000
Prev. Close Volume Bid Ask Time
181.57491 178.22943 184.68900 2020-02-16 21:04:32
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