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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.
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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 Apr 28th, 2025 at 298.33523
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).
| 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 |