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Forex Trend Analysis Report

Prepared for you on Thursday, May 8, 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.

FOREX_USDLKR
Open High Low USDLKR Price Change
300.15481 300.15481 300.15481 300.15481 0.00000
Entry Signal

MarketClub’s Trade Triangles for USDLKR

long term up The long-term trend has been UP since Jan 7th, 2025 at 294.90553

intermediate term down The intermediate-term trend has been DOWN since Apr 28th, 2025 at 298.33523

short term up The short-term trend has been UP since Apr 30th, 2025 at 299.58009

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).

-55
Smart Scan Analysis for USDLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
300.15481 300.15481 300.15481 300.15481 0.00000
Prev. Close Volume Bid Ask Time
299.27348 2025-05-03 16:46:29
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