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.
MarketClub’s Trade Triangles for GBPLKR
The long-term trend has been UP since Jul 29th, 2020 at 239.82866
The intermediate-term trend has been DOWN since Apr 18th, 2021 at 273.62414
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).