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Forex Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

British Pound/Sri Lankan Rupee (FOREX:GBPLKR)

Crossroads (-60) - GBPLKR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid GBPLKR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GBPLKR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_GBPLKR
Open High Low GBPLKR Price Change
266.11029 267.63856 266.11029 267.63856 +1.52827
Entry Signal

MarketClub’s Trade Triangles for GBPLKR

long term up The long-term trend has been UP since Jul 29th, 2020 at 239.82866

intermediate term down The intermediate-term trend has been DOWN since Apr 18th, 2021 at 273.62414

short term down The short-term trend has been DOWN since Apr 18th, 2021 at 275.82059

Smart Scan Analysis for GBPLKR

Based on our trend formula, GBPLKR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for GBPLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
266.11029 267.63856 266.11029 267.63856 +1.52827
Prev. Close Volume Bid Ask Time
267.45097 2021-04-18 22:47:11
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