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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
US Dollar/Sri Lankan Rupee (FOREX:USDLKR)
Sidelines Mode (-55) - USDLKR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for USDLKR
The long-term trend has been UP since Jan 7th, 2025 at 294.90553
The intermediate-term trend has been DOWN since Feb 13th, 2025 at 296.68823
The short-term trend has been UP since Feb 17th, 2025 at 295.65317
Smart Scan Analysis for USDLKR
Based on our trend formula, USDLKR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 295.75271 | 295.75271 | 295.75271 | 295.75271 | 0.00000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 295.75271 | 2025-02-22 01:41:04 |