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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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 USDLKR?

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
360.4222 360.4222 360.4222 360.4222 0.0000
Entry Signal

MarketClub’s Trade Triangles for USDLKR

long term up The long-term trend has been UP since Dec 2nd, 2020 at 185.48202

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2022 at 359.99169

short term up The short-term trend has been UP since Jun 30th, 2022 at 359.99169

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
360.4222 360.4222 360.4222 360.4222 0.0000
Prev. Close Volume Bid Ask Time
360.4222 2022-06-30 07:21:50
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