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.
MarketClub’s Trade Triangles for EURLKR
The long-term trend has been DOWN since Feb 13th, 2020 at 198.2677
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 201.1743
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).