Forex Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
British Pound/Sri Lankan Rupee (FOREX:GBPLKR)
Strong Downtrend (-100) - GBPLKR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, GBPLKR continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 5th, 2024 at 399.78278
The intermediate-term trend has been DOWN since Jan 4th, 2024 at 410.85258
The short-term trend has been DOWN since Mar 17th, 2024 at 391.87703
Smart Scan Analysis for GBPLKR
Based on our trend formula, GBPLKR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
379.93511 | 379.93511 | 379.19528 | 379.19528 | -0.73983 |
Prev. Close | Volume | Bid | Ask | Time |
379.57721 | 2024-03-28 08:26:04 |