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.
MarketClub’s Trade Triangles for USDLKR
The long-term trend has been UP since Aug 15th, 2019 at 177.70000
The intermediate-term trend has been UP since Dec 3rd, 2019 at 181.04949
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).