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Forex Trend Analysis Report
Prepared for you on Monday, February 3, 2025.
Euro/Sri Lankan Rupee (FOREX:EURLKR)
Countertrend Down (-85) - EURLKR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid EURLKR?
MarketClub looks at technical strength and momentum to determine if the timing is right for EURLKR.
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 EURLKR
The long-term trend has been DOWN since Oct 4th, 2024 at 326.76
The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 308.40
The short-term trend has been UP since Jan 7th, 2025 at 305.93
Smart Scan Analysis for EURLKR
Based on our trend formula, EURLKR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 307.12 | 307.12 | 307.12 | 307.12 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 307.12 | 2025-02-03 17:27:32 |