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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
British Pound/Sri Lankan Rupee (FOREX:GBPLKR)
Sidelines Mode (+55) - GBPLKR 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 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.
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MarketClub’s Trade Triangles for GBPLKR
The long-term trend has been UP since Jul 7th, 2024 at 389.77810
The intermediate-term trend has been UP since May 14th, 2024 at 375.23398
The short-term trend has been DOWN since Jul 21st, 2024 at 393.54017
Smart Scan Analysis for GBPLKR
Based on our trend formula, GBPLKR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 389.89439 | 389.89439 | 389.86667 | 389.86667 | -0.02772 |
| Prev. Close | Volume | Bid | Ask | Time |
| 389.89439 | 2024-07-26 14:00:14 |