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Forex Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

British Pound/Sri Lankan Rupee (FOREX:GBPLKR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_GBPLKR
Open High Low GBPLKR Price Change
221.885 222.335 221.850 222.205 +0.320
Entry Signal

MarketClub’s Trade Triangles for GBPLKR

long term down The long term trend has been DOWN since Apr 2nd, 2019 at 228.155

intermediate term down The intermediate term trend has been DOWN since Jun 18th, 2019 at 221.890

short term down The short term trend has been DOWN since Jun 14th, 2019 at 223.725

Smart Scan Analysis for GBPLKR

Based on a pre-defined weighted trend formula for chart analysis, GBPLKR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for GBPLKR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
221.885 222.335 221.850 222.205 +0.320
Prev. Close Volume Bid Ask Time
221.885 222.090 222.320 2019-06-19 07:37:15
Want to analyze British Pound/Sri Lankan Rupee GBPLKR or another symbol? Try our Free Forex Trend Analysis Report.