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Forex Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

Euro/Sri Lankan Rupee (FOREX:EURLKR)

Strong Downtrend (-100) - EURLKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

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.

FOREX_EURLKR
Open High Low EURLKR Price Change
196.641 196.641 196.641 196.641 0.000
Entry Signal

MarketClub’s Trade Triangles for EURLKR

long term down The long-term trend has been DOWN since Feb 13th, 2020 at 198.2677

intermediate term down The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 201.1743

short term down The short-term trend has been DOWN since Feb 5th, 2020 at 200.0684

Smart Scan Analysis for EURLKR

Based on our trend formula, EURLKR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for EURLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
196.641 196.641 196.641 196.641 0.000
Prev. Close Volume Bid Ask Time
196.839 193.141 200.141 2020-02-16 21:04:32
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